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.
For the annuity in accumulation phase, the beneficiary is usually entitled to the current balance of the account (or premiums paid, if more) plus any additional death benefit outlined in the contract. For example, an annuity in accumulation phase may have $73,000 in investments and a $100,000 death benefit.In this case, the death beneficiary would receive $173,000. However, many annuities do not offer an additional death benefit if the annuity was still in accumulation phase.or example, an annuity in accumulation phase may have $73,000 in investments and a $100,000 death benefit. In this case, the death beneficiary would receive $173,000. However, many annuities do not offer an additional death benefit if the annuity was still in accumulation phase.