Friholdt vaerdi

English translation: Paid-up value

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:Friholdt vaerdi
English translation:Paid-up value
Entered by: Neil Crockford

20:39 Jul 12, 2013
Danish to English translations [PRO]
Bus/Financial - Insurance / Pensions
Danish term or phrase: Friholdt vaerdi
In a pension scheme statement. No further context
Neil Crockford
Local time: 14:06
Paid-up value
Explanation:
Predicated in DE on freigestellte Prämie = paid-up premium.

Alternatives:

x indemnified value - unlikely. unless there is a pension scheme take-over scenario where the the acquirer a.k.a. predator indemnifies the target scheme pensioners.



x exempted value - exempt from what?


Selected response from:

Adrian MM. (X)
Local time: 15:06
Grading comment
Many thanks
3 KudoZ points were awarded for this answer



Summary of answers provided
3Exempted value
Helen Johnson
3Paid-up value
Adrian MM. (X)


  

Answers


10 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Exempted value


Explanation:
I'm basing this on the fact that L&H contains "friholdelsesværdi", which it translates as "value of exemption". I don't think I've come across it before so this is just a lead in case it helps you.

Helen Johnson
United Kingdom
Local time: 14:06
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
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15 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Paid-up value


Explanation:
Predicated in DE on freigestellte Prämie = paid-up premium.

Alternatives:

x indemnified value - unlikely. unless there is a pension scheme take-over scenario where the the acquirer a.k.a. predator indemnifies the target scheme pensioners.



x exempted value - exempt from what?




Example sentence(s):
  • When the premium for a life insurance policy is not paid on time and it lapses, then the Policy acquires a Paid Up Value and it is considered a Paid Up Policy, www.myinsuranceclub.com › Glossary‎
Adrian MM. (X)
Local time: 15:06
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 27
Grading comment
Many thanks
Login to enter a peer comment (or grade)



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