Surrender Cost Index

In Bhavishya Arogya (Health Insurance coverage to start from the date of retirement or some other future date) a measure of the cost of a policy, including interest forgone, if the policy is surrendered for its premium paid value at the end of a specified period or due to death of the insured before date of inception of risk insured under the policy.

Leave a Reply

Your email address will not be published. Required fields are marked *