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Life Insurance

When the cash surrender value of a life insurance policy is used to purchase a policy marketed by another insurer is?

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2012-03-04 00:17:23
2012-03-04 00:17:23

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For surrender as a verb (as in to surrender) then to give up, to relinquish for surrender as a noun (as in the surrender) then the giving up or relinquishing


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If you mean can you pay for the other persons ( the owners ) insurance policy yes. If you mean can you insure it for yourself no.


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There is no time of the year that is better than another when it comes to purchasing car insurance. No matter what time of year you purchased the car insurance will have to pay the same yearly, or semi-yearly premium. However if you are about to purchase a vehicle, or if you have just received a vehicle as a gift it would be better for you to purchase car insurance before you start to drive your vehicle. Driving your vehicle without car insurance is irresponsible.


please give another word that we can use instead of insurance


sacrifice means an offering or to surrender


resignSurrenderCapitulate


Most banks will add a small fee to the mortgage to cover life and accidental insurance. Another option is for the homeowner to receive their own mortgage insurance quote from agencies such as Sunlife.


Quit - also, the word "cede" means to yield or formally surrender to another.


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Surrender, Obedience, Submission can be counted on as a meaning.


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