PROCEEDS AND AVAILS
proceeds and avails.The cash-surrender value of a life-insurance policy, together with values built up since the policy’s issue date and the benefits payable on maturity and at the death of the insured.
[Blacks Law 8th]
proceeds and avails.The cash-surrender value of a life-insurance policy, together with values built up since the policy’s issue date and the benefits payable on maturity and at the death of the insured.
[Blacks Law 8th]