Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Insurance

Surrender Charge

When a policyholder decides to terminate their life insurance policy or annuity and receive its cash value, they are charged a fee known as a surrender charge. This charge is meant to cover the administrative expenses incurred by the insurance company in setting up and maintaining the policy. The amount of the surrender charge varies depending on the terms of the policy and the length of time it has been in force. It is important for individuals to understand the implications of surrendering their policy and the potential impact of the surrender charge on the cash value they will receive.
Explore other categories
Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various
Learn More
All terms related to investments like bonds or treasury bills that provide regular, fixed payments,
Learn More
IPO
All terms and concepts related to the process in which a private company offers its shares to the pu
Learn More
All terms and concepts related to technical analysis in finance, which involves using historical pri
Learn More
A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
Learn More
All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o
Learn More
All terms & concepts related to financial contracts whose value is based on an underlying asset,
Learn More
All terms and concepts related to borrowing money, including different types of loans, interest rate
Learn More
Terms related to decisions and events initiated by a company that can impact its stock, such as divi
Learn More
All terms and concepts related to the process of saving and investing to ensure financial security a
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link