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cash value clause
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cash value clause
Encyclopedia
经济学
〔人身保险合同条款〕
释
cash value clause
现金价值条款
在保险合同生效一定时期后,投保人因某种原因不愿继续保险时,其保单上的现金价值并不因此而丧失的人身合同保险条款。又称不丧失价值选择权条款、不没收价值或不丧失的赔偿权条款。
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