The Cash Surrender Value (CSV) is the amount an insurance policyholder receives if they cancel their policy before it matures or before the insured event occurs. This entry explores the definition, calculation, and implications of CSV.
CSV (Comma-Separated Values) is a simple file format used to store tabular data, where each line of the file is a data record. Each record consists of one or more fields, separated by commas. It is widely used for data exchange.
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