Surrender Value
समर्पण मूल्य
menu_bookMeaning
If you decide to cancel or 'surrender' your policy before it reaches maturity, the insurance company will pay back a portion of the premiums you have paid along with a portion of the bonuses. However, surrendering early usually results in a significant financial loss because of early termination penalties.
lightbulbExample
"Gita bought a 20-year policy but couldn't pay after 4 years. She surrendered the policy and received a Surrender Value which was much less than what she had paid in total."
translateअर्थ
यदि तपाईँले बीमा अवधि पूरा नहुँदै बीचमै बीमा बन्द गर्ने (समर्पण गर्ने) निर्णय गर्नुभयो भने, कम्पनीले नियम अनुसार केही रकम फिर्ता गर्छ। तर, यसरी बीचमै बीमा तोड्दा तपाईँलाई ठूलो आर्थिक घाटा लाग्न सक्छ।
lightbulbउदाहरण
"गीताले २० वर्षे बीमा गरिन् तर ४ वर्षपछि पैसा तिर्न सकिनन्। उनले बीमा समर्पण गर्दा, उनले जम्मा तिरेको रकमभन्दा धेरै कम 'समर्पण मूल्य' प्राप्त गरिन्।"