policy value

policy value. Insurance. The amount of cash available to a policyholder on the surrender or cancellation of the insurance policy. [Cases: Insurance 2037. C.J.S. Insurance §§ 518–519, 742–745, 749–754.]

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词条贡献者

译员Jerry，知名法学院知识产权法，专注翻译各种与版权与商标诉讼有关的法律文件。