Full surrender

The distribution or Withdrawal of the entire original investment Account of an Insurance policy or Annuity. The distribution may result in a fee and termination of the Policy or Annuity.

Related Terms: 9 Account, Annuity, Insurance, Insurance policy, Policy, Term, UIT, Withdraw, Withdrawal

Other Related Pages: Category: Retirement Starting With: F

Additional Related Terms: Account, Account statement, Annuity unit, Account aggregation, Account balance, Active account, Alternate account, Asset management account, Accrual of discount, Amortization of premium