Home » Commerce » The amount the assured receives if he decides to discontinue the life policy is known…

The amount the assured receives if he decides to discontinue the life policy is known…

The amount the assured receives if he decides to discontinue the life policy is known as
  • A.
    refund value
  • B.
    net value
  • C.
    surrender value
  • D.
    sum assured
Correct Answer: Option C
Explanation