TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

semitontine insurance [1 record]

Record 1 1988-08-01

English

Subject field(s)
  • Life Insurance
OBS

plan under which the surplus is divided among the surviving holders of policies, but the reserve for the paid-up value is paid on lapsed policies and, on the policies of those that have died, the face is paid (Webster's)

French

Domaine(s)
  • Assurance sur la vie

Spanish

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