Glossary entry (derived from question below)
Dutch term or phrase:
annuïtair dalende overlijdensrisicoverzekering
English translation:
decreasing, annuity-based life insurance or assurance
Added to glossary by
Jack den Haan
Feb 15, 2008 18:44
16 yrs ago
Dutch term
annuïtair dalende overlijdensrisicoverzekering
Dutch to English
Bus/Financial
Insurance
It's the 'annuitair' bit I am not sure about - it is contrasted with 'linear decreasing term life assurance'. I have been trying to working it out from the example in:
http://www.verzekervoordelig.nl/verzekeringen/zorg_en_inkome... but my maths is not up to it. Something to do with annuities ? Is it geometric instead of linear.
http://www.verzekervoordelig.nl/verzekeringen/zorg_en_inkome... but my maths is not up to it. Something to do with annuities ? Is it geometric instead of linear.
Proposed translations
(English)
3 +1 | decreasing, annuity-based life insurance or assurance | Jack den Haan |
Change log
Feb 25, 2008 10:52: Jack den Haan Created KOG entry
Proposed translations
+1
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decreasing, annuity-based life insurance or assurance
I'm not a specialist in insurance matters -- gelukkig heb ik meer verstand van techniek ;-) -- but linguistically speaking this should do the trick. I guess annuity-based life insurance would be analogous to annuity mortgage schemes. I used to know all about that when I bought my house 20 years ago, but I must admit the finer details of this financial construction have since escaped me...
4 KudoZ points awarded for this answer.
Comment: "Thanks Jack."
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