készpénzértéket

Készpénzérték is a Hungarian term that translates to "cash value" or "cash surrender value" in English. It refers to the amount of money an insurance policyholder can receive if they surrender their life insurance policy before it matures or before the insured event occurs. This value is typically accumulated over time through premium payments, with a portion of each payment going towards building the cash value, while another portion covers the cost of insurance and administrative expenses.

The cash value in permanent life insurance policies, such as whole life or universal life, grows on a tax-deferred basis. Policyholders can often access this cash value through policy loans or withdrawals. Loans against the cash value are typically not taxable, but if the policy lapses or is surrendered, any outstanding loan balance will be taxed. Withdrawals are also subject to taxation, with earnings usually taxed as ordinary income.

The exact cash value of a policy is determined by the terms of the specific insurance contract, including the type of policy, the premium structure, the duration of the policy, and any fees or charges. It is important for policyholders to understand the cash value provisions of their insurance policies, as it represents a potential financial asset that can be utilized during their lifetime.