cash surrender value

Ukrainian translation: викупна вартість

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	cash surrender value
Ukrainian translation:	викупна вартість
Entered by:	Ludwig Chekhovtsov

09:11 Jan 8, 2006

English to Ukrainian translations [PRO]
Law (general) / assets for immigration purposes

English term or phrase: cash surrender value

A person has life insurance at work (he works as electrical engineer). In case of his death cash of $300,000. is paid to a beneficiary. The person names it "cash surrender value". However, my idea is that "cash surrender value" applies to the amount of money that is paid to the insured person in case of cancellation of the policy. In that particular case, in my opinion, "cash surrender value" is zero because the insured percon cannot cancel the insurance policy (since he is insured by his employer). What do you think?

Mariya Howykowycz KudoZ activity Questions: 5 (none open) Answers: 2 United States
Local time: 03:25

ВИКУПНА ВАРТІСТЬ

Explanation:
Страховi термiни | НАСК «ОРАНТА»
ВИКУПНА ВАРТІСТЬ(cash surrender value) — сума, на яку може претендувати власник полісу зі страхування життя в разі припинення дії полісу ...
www.oranta.ua/go.php/info/74/4/ - 39k

Selected response from:

Ludwig Chekhovtsov
Local time: 03:25

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4 KudoZ points were awarded for this answer

Summary of answers provided

5 +1

ВИКУПНА ВАРТІСТЬ

Ludwig Chekhovtsov

Answers

5 hrs confidence:

peer agreement (net): +1

ВИКУПНА ВАРТІСТЬ

Ludwig Chekhovtsov
Local time: 03:25
Works in field
Native speaker of:

Russian,

Ukrainian
PRO pts in category: 24

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Thank you very much

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cash surrender value

Ukrainian translation: викупна вартість

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Ukrainian translation: викупна вартість

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