Surrender Values

  • Development of Life Insurance Surrender Values its the United States, J. David Cummins, S.S. Huebner Foundation, for Insurance Education
  • (p1177) - By Mr. MCGUIRE:
    • A. I have parted with two or three life insurance policies.
    • Q. Sell them for the amount of the loan, or at a discount?
    • A. at the price the insurance company would pay for them.
    • By Mr. TRACY : Q. That is what is called "surrendered value?”
      • A. Yes, sir.

1877 0723 - New York Senate - Testimony Taken Before the Senate Committee on Charges Against De Witt C. Ellis, Superintendent of the Banking Department - [PDF-1557p-GooglePlay]