Surrender Values

Surrender Values

• 1973 – Book – Development of Life Insurance Surrender Values in the United States, by J. David Cummins – S.S. Huebner Foundation monograph series; no. 2 – 81p

• (p1177) – By Mr. MCGUIRE:
  • A. I have parted with two or three life insurance policies.
  • Q. Sell them for the amount of the loan, or at a discount?
  • A. at the price the insurance company would pay for them.
  • By Mr. TRACY : Q. That is what is called “surrendered value?”
    • A. Yes, sir.

1877 0723 – New York Senate – Testimony Taken Before the Senate Committee on Charges Against De Witt C. Ellis, Superintendent of the Banking Department – [PDF-1557p-GooglePlay]