The cash value accumulation test requires that, by the terms of the contract, the cash surrender value of the contract may not at any time exceed the net single premium that would have to be paid at that time to fund future benefits under the contract.
What does NSP stand for?
NSP stands for Net Single Premium (insurance)
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of NSP
We have 313 other meanings of NSP in our Acronym Attic
- Navy Space Project
- Navy Strategic Plan (UK MoD)
- Navy Support Plan
- Neck/Shoulder Pain
- Nederlandse Sport Pers (Dutch: Dutch Sports Press)
- Needle/Syringe Program
- Neighborhood Stabilization Program
- Nepal Sadbhavana Party (Nepal)
- Net Sale Proceeds
- Net Selling Price