cash surrender value

NOUN
20 LETTERS · STARTS WITH C

cash surrender value is a valid 20-letter word worth 27 points in Scrabble and 32 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
C3A1S1H4S1U1R1R1E1N1D2E1R1V4A1L1U1E1
3 + 1 + 1 + 4 + 0 + 1 + 1 + 1 + 1 + 1 + 1 + 2 + 1 + 1 + 0 + 4 + 1 + 1 + 1 + 1 =27 PTS
DOUBLE WORD → 54TRIPLE WORD → 81
MEANING

What does cash surrender value mean?

NOUN · 1 SENSE
1

The amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured.