GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
18:06 Sep 27, 2008 |
Dutch to English translations [PRO] Bus/Financial - Insurance | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Lianne van de Ven United States Local time: 19:41 | ||||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
4 | term insurance against risk |
| ||
3 | term life insurance |
|
Summary of reference entries provided | |||
---|---|---|---|
|
term insurance against risk Explanation: termijnverzekering is term insurance. A term insurance is an insurance which lasts a fixed number of years and you insure yourself against the happening of a particular risk during the term for which the insurance runs. So if you have term life insurance for 20 years, you pay a certain premium for the full 20 years and you are insured against dying during that 20 year period for the amount for which you are insured. There is no savings or investment element in a term insurance. You do not build up equity. You simply pay the premium for the duration of the term. Whilst the most usual risk normally insured against is loss of life, other risks can be insured against by the same method. Reference: http://www.google.co.uk/search?hl=en&defl=en&q=define:TERM+I... |
| |
Login to enter a peer comment (or grade) |
term life insurance Explanation: De term risicotermijnverzekering komt maar 7 keer voor op google, de meeste in examenvragen: 11. Bereken met behulp van bovenstaande gegevens de nettokoopsom van een 40-jarige man voor een risicotermijnverzekering. Verzekeringsduur drie jaar. De rekenrente is 3%. Geef uw berekening Volgens mij is dat: TERM LIFE INSURANCE A form of life insurance that covers the insured person for a certain period of time, the “term” that is specified in the policy. It pays a benefit to a designated beneficiary only when the insured dies within that specified period which can be one, five, 10 or even 20 years. Term life policies are renewable but premiums increase with age. (uit Kate's reference). -------------------------------------------------- Note added at 1 hr (2008-09-27 20:05:32 GMT) -------------------------------------------------- Ja, eens met textpertise. De vraag is of het al dan niet om levensverzekering gaat, maar aangezien in de toelichting gezegd werd dat het om levensverzekering gaat ben ik daarvan uitgegaan (daar vanuit gegaan, daar vanuitgegaan?) |
| |
Grading comment
| ||
Login to enter a peer comment (or grade) |
1 hr |
Reference Reference information: This is an insurance glossary. You might find something under annuity. -------------------------------------------------- Note added at 1 hr (2008-09-27 19:36:54 GMT) -------------------------------------------------- It might be the following: LIFE ANNUITY WITH PERIOD CERTAIN* A type of annuity contract that guarantees periodic income payments throughout the lifetime of a named individual—the annuitant—and guarantees that the payments will continue for at least a specified period. If the annuitant dies before the end of that specified period, the payments will continue to be paid until the end of the period to a beneficiary designated by the annuitant. (See Life annuity) Reference: http://www.iii.org/media/glossary/alfa.A/ |
| |
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.