surrender

Defined in Article 1, Commission Delegated Regulation (EU) 2015/35

Definitions over time (2)

1. 01/01/2020 – today applies on 10/11/2026 Article 1, Commission Delegated Regulation (EU) 2015/35 Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘surrender’ means all possible ways to fully or partly terminate a policy, including the following: voluntary termination of the policy with or without the payment of a surrender value; change of insurance or reinsurance undertaking by the policy holder; termination of the policy resulting from the policy holder's refusal to pay the premium;

2. 17/01/2015 – 18/01/2015 Article 1, Commission Delegated Regulation (EU) 2015/35 Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘surrender’ means all possible ways to fully or partly terminate a policy, including the following: voluntary termination of the policy with or without the payment of a surrender value; change of insurance or reinsurance undertaking by the policy holder; termination of the policy resulting from the policy holder's refusal to pay the premium;

Used in (24 places in 8 provisions on 10/11/2026)

Commission Delegated Regulation (EU) 2015/35 (24 in 8)

Recital 12² · Article 1⁴ · Article 26 · Article 40 · Article 95⁷ · Article 102⁷ · Article 142 · Article 159