What Is Arm Wrestling. Arm wrestling is a relatively simple sport; 2 participants place one of their arms on a surface with their elbows bent and touching the surface. While gripping the other persons hand, they attempt to force or pin their opponents arm onto the surface. The first person to score a pin wins.
What is the 'Cash Surrender Value' The cash surrender value is the sum of money an insurance company pays to the policyholder or annuity holder in the event his policy is voluntarily terminated before its maturity or the insured event occurs. This cash value is the savings component of most permanent life insurance policies, particularly whole life insurance policies.
Rating Newest Oldest. Best Answer: Surrender value means that you give up your insurance and by giving up your insurance, if there is any cash value, you give that up, also. For example, if you have $1000 in cash value and your surrender value says $600 then it means that you were charged $400 by the insurance company. Surrender value, usually, is in effect for the first two to three years. Look at the guarnateed column in your policy then look at the surrender value column.