CA Foundation doubt
What is surrender value in joint life policy in accounts
Asked by Vidhi20 May 2024395 views
3 answers
Suraj · 20 May 2024
The surrender value at the time of the death of a partner is distributed among the remaining partners and the legal representative of the deceased partner.
Subojeet · 20 May 2024
The value at which the policy is surrendered at the time of death
Anas · 20 May 2024
The surrender value at the time of the death of a partner is distributed among the remaining partners and the legal representative of the deceased partner.
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