Cash Surrender Value Calculator

✖Enhanced Accumulated Value refers to the total amount of cash value accumulated within an insurance policy, which may include additional bonuses, interest, or dividends earned on the policy.ⓘ Enhanced Accumulated Value [EAV]			+10% -10%
✖Surrender Charges are fees imposed by an insurance company when a policyholder decides to terminate or surrender their life insurance policy before its maturity date.ⓘ Surrender Charges [SC]			+10% -10%

✖Cash Surrender Value is the money the policy holder will receive if he withdraws before the completion of the policy or his death.ⓘ Cash Surrender Value [CSV]

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Formula

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Cash Surrender Value

Formula

`"CSV" = mod("EAV","SC")`

Example

`"130000"=mod("630000","500000")`

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Cash Surrender Value Solution

STEP 0: Pre-Calculation Summary

Formula Used

Cash Surrender Value = mod(Enhanced Accumulated Value,Surrender Charges)
CSV = mod(EAV,SC)
This formula uses 1 Functions, 3 Variables

Functions Used

mod - The modulo function, also known as "mod", represents the remainder when two positive numbers are divided., mod(dividend, divisor)

Variables Used

Cash Surrender Value - Cash Surrender Value is the money the policy holder will receive if he withdraws before the completion of the policy or his death.
Enhanced Accumulated Value - Enhanced Accumulated Value refers to the total amount of cash value accumulated within an insurance policy, which may include additional bonuses, interest, or dividends earned on the policy.
Surrender Charges - Surrender Charges are fees imposed by an insurance company when a policyholder decides to terminate or surrender their life insurance policy before its maturity date.

STEP 1: Convert Input(s) to Base Unit

Enhanced Accumulated Value: 630000 --> No Conversion Required
Surrender Charges: 500000 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

CSV = mod(EAV,SC) --> mod(630000,500000)

Evaluating ... ...

CSV = 130000

STEP 3: Convert Result to Output's Unit

130000 --> No Conversion Required

FINAL ANSWER

130000 <-- Cash Surrender Value

(Calculation completed in 00.004 seconds)

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Credits

Created by Vishnu K

BMS College of Engineering (BMSCE), Bangalore

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Satyawati College (DU), New Delhi

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< 9 Cash Management Calculators

Merton Model

Go Distance to the Default = ln(Market Value of Company Assets/Market Value of Company Debt)+((Risk Free Interest Rate+(Volatility of Company Asset Value)^2/2)*Time to Maturity)/(Volatility of Company Asset Value*sqrt(Time to Maturity))

Baumol's Model

Go Cost of Providing a Service = sqrt((2*Cost of Conversion*Total Requirement of Cash)/Interest Rate)

Cash Conversion Cycle

Go Cash Conversion Cycle = Days Inventory Outstanding+Days Sales Outstanding-Days Payables Outstanding

Miller Orr Model

Go Miller Orr Model = 3*((3*Cost of Conversion*Variance)/(4*Interest Rate/360))^(1/3)

Cash Surrender Value

Go Cash Surrender Value = mod(Enhanced Accumulated Value,Surrender Charges)

Cash Coverage

Go Cash Coverage = Earnings before Interest and Taxes/Interest Expense

Cash Burn Rate

Go Net Burn = Total Monthly Cash Sales-Total Monthly Cash Expenses

Implied Cash Runway

Go Implied Cash Runway = Cash Balance/Net Burn

Cash Budget

Go Cash Budget = Total Receipts-Total Payments

Cash Surrender Value Formula

Cash Surrender Value = mod(Enhanced Accumulated Value,Surrender Charges)
CSV = mod(EAV,SC)

What is Cash Surrender Value?

Cash Surrender Value (CSV) refers to the amount of money an insurance policyholder is entitled to receive from their insurance company if they choose to terminate or surrender their life insurance policy before its maturity or before the insured event (such as death) occurs. The CSV represents the cash value of the policy after deducting any applicable fees, penalties, or outstanding loans.
The formula to calculate the cash surrender value of a life insurance policy can vary depending on the terms of the policy and the insurance company's specific rules.
It's important to note that the cash surrender value may also be influenced by factors such as the type of insurance policy (e.g., whole life, universal life), the duration of the policy, and any additional riders or benefits attached to the policy.

How to Calculate Cash Surrender Value?

Cash Surrender Value calculator uses Cash Surrender Value = mod(Enhanced Accumulated Value,Surrender Charges) to calculate the Cash Surrender Value, The Cash Surrender Value is the money that the life insurance policyholder will receive if they withdraw before the completion of the policy or his death. Cash Surrender Value is denoted by CSV symbol.

How to calculate Cash Surrender Value using this online calculator? To use this online calculator for Cash Surrender Value, enter Enhanced Accumulated Value (EAV) & Surrender Charges (SC) and hit the calculate button. Here is how the Cash Surrender Value calculation can be explained with given input values -> 130000 = mod(630000,500000).

FAQ

What is Cash Surrender Value?

The Cash Surrender Value is the money that the life insurance policyholder will receive if they withdraw before the completion of the policy or his death and is represented as CSV = mod(EAV,SC) or Cash Surrender Value = mod(Enhanced Accumulated Value,Surrender Charges). Enhanced Accumulated Value refers to the total amount of cash value accumulated within an insurance policy, which may include additional bonuses, interest, or dividends earned on the policy & Surrender Charges are fees imposed by an insurance company when a policyholder decides to terminate or surrender their life insurance policy before its maturity date.

How to calculate Cash Surrender Value?

The Cash Surrender Value is the money that the life insurance policyholder will receive if they withdraw before the completion of the policy or his death is calculated using Cash Surrender Value = mod(Enhanced Accumulated Value,Surrender Charges). To calculate Cash Surrender Value, you need Enhanced Accumulated Value (EAV) & Surrender Charges (SC). With our tool, you need to enter the respective value for Enhanced Accumulated Value & Surrender Charges and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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