Return Of Cash Value Clause

Definition of "Return of cash value clause"

Bobby  Atkins real estate agent

Written by

Bobby Atkinselite badge icon

Venture Realty

Provision in a life insurance policy that if an insured dies within a given period of time, the beneficiary receives the face value of the policy plus its cash value.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Insurance company that underwrites and sells more than one line of insurance. ...

Exchange of a new policy for one already in force. ...

Nominal interest rate minus the rate of inflation. ...

Coverage for less than one year in duration. ...

Transaction in which the ceding company pays a premium and is guaranteed certain future payments to fund future losses. If losses are less than was expected, the ceding company receives a ...

Coverage to pay basic expenses for an insured and his or her family in states with no fault automobile insurance. No-fault laws generally require drivers to carry both liability insurance ...

Life insurance on the life of a child that provides a death benefit to a beneficiary should the child die during a stipulated time period and the maturity value of the policy at the end of ...

Insurance company's total number of agents. ...

Denial of coverage for various perils (such as war, flood); hazards (storing dynamite in the home, thereby increasing the chance of loss); property (such as pets); and locations. These are ...

Popular Insurance Questions