GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:49 Sep 3, 2015 |
Dutch to English translations [PRO] Bus/Financial - Real Estate | |||||||
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| Selected response from: Michael Beijer United Kingdom Local time: 12:17 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +2 | with-profits policy (Commonwealth); participating policy (US) |
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Summary of reference entries provided | |||
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refs |
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Discussion entries: 12 | |
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with-profits policy (Commonwealth); participating policy (US) Explanation: "A with-profits policy (Commonwealth) or participating policy (U.S.) is an insurance contract that participates in the profits of a life insurance company. The company is often a mutual life insurance company, or had been one when it began its with-profits product line. Similar arrangements are found in other countries such as those in continental Europe. etc." (https://en.wikipedia.org/wiki/With-profits_policy ) -------------------------------------------------- Note added at 1 day15 hrs (2015-09-05 10:49:36 GMT) -------------------------------------------------- pls change my answer to: "with-profits policy with maturity guarantee" or "with-profits policy with guaranteed payout on maturity" (see Discussion entries) |
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Grading comment
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34 mins |
Reference: refs Reference information: FELOnline: levensverzekering met winstdeling = with-profits life insurance winstdelende polis [winstdelende verzekering/verzekering met winstdeling] = with-profits policy participating policy policy with profit participation |
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