Life Insurance Exam [National] 48 – Cash Surrender Value Option Explained
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Exam life insurance exam. In this episode you will learn: • Why the cash surrender option results in the total termination of the insurance contract and death benefit. • How to calculate net surrender value by deducting outstanding loans and unpaid…
The skinny
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