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surrender charge

A fee imposed for terminating an annuity contract prior to its maturity.

Related information about surrender charge:
  1. Surrender Charge Definition | Investopedia
    A fee levied on a life insurance policyholder upon cancellation of his or her life insurance policy. The fee is used to cover the costs of keeping the insurance ...
     
  2. Variable Annuity Surrender Charges
    Jul 28, 2001 ... A "surrender charge" is a type of sales charge you must pay if you sell or withdraw money from a variable annuity during the "surrender ...
     
  3. Surrender Charge - Financial Dictionary - The Free Dictionary
    A fee one must pay when canceling a life insurance policy. A surrender charge is levied to encourage a policyholder to remain with the same insurer. 2.
     
  4. Surrender Charges
    A surrender charge is a fee you incur when you sell, or cancel, certain types of ... Most investments that carry a surrender charge pay upfront commissions to the ...
     
  5. Annuity Surrender Charges Explained
    Beyond that, most annuities have a surrender charge -- a penalty for making an ... Typically this surrender charge is a percentage of the amount withdrawn, and ...
     
  6. Surrender Charge: Definition from Answers.com
    Surrender Charge Fee charged to a policyowner when a life insurance policy or annuity is surrendered for its cash value.
     
  7. What is surrender charge? definition and meaning
    Definition of surrender charge: A fee imposed for terminating an annuity contract prior to its maturity.
     
  8. Cash value - Wikipedia, the free encyclopedia
    The value of the investment is often subject to a surrender charge in ... A surrender charge offsets the costs associated with selling the contract and allows these ...