Cash Surrender Value
A Cash Surrender Value equal to all premiums paid (net of all paid policy fees) is available at the end of the premium payment period. This value will grow at an annual interest rate of 2.5% up to a maximum equal to the face amount of coverage.
The Cash Surrender Value will be paid to the owner only if the coverage is cancelled after the premium payment period has ended. Policy loans against the Cash Surrender Value are not available.