A. does not want to continue with the life policy
B. does not want to continue with car insurance
C. died when a policy is valid
D. died when a policy is not valid
Correct Answer: Option A
A. does not want to continue with the life policy
Explanation
‘Surrender Value‘ It is the amount the policyholder will get from the life insurance company if he decides to exit the policy before maturity, usually a whole life policy.
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