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taux de chute

English translation: the lapse rate

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:taux de chute
English translation:the lapse rate
Entered by: Anna Morvern

20:20 Jan 26, 2019
French to English translations [PRO]
Bus/Financial - Finance (general)
French term or phrase: taux de chute
Context: The text is information about a company - the company has had to cope with multiple "taux de chute" (with)in its contracts???

"Declining rates" perhaps?
Anna Morvern
France
Local time: 04:01
the lapse rate
Explanation:
Lapse Rate: The rate at which life insurance policies terminate because of failure to pay the premiums. When policies are lapsed before enough premium payments are made to cover early policy expenses, the company must make up this loss from remaining policyholders.

Glossary Of Life Insurance Terms
https://www.dfs.ny.gov/consumer/cli_gloss.htm
Selected response from:

Francois Boye
United States
Local time: 22:01
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4the lapse rate
Francois Boye


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
the lapse rate


Explanation:
Lapse Rate: The rate at which life insurance policies terminate because of failure to pay the premiums. When policies are lapsed before enough premium payments are made to cover early policy expenses, the company must make up this loss from remaining policyholders.

Glossary Of Life Insurance Terms
https://www.dfs.ny.gov/consumer/cli_gloss.htm

Francois Boye
United States
Local time: 22:01
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 305
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