TERMIUM Plus®

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

variable contract [1 record]

Record 1 1990-02-26

English

Subject field(s)
  • Life Insurance
DEF

A contract under which the amount of benefit depends on the value of assets relating to the contract at the time the benefit is payable.

French

Domaine(s)
  • Assurance sur la vie
OBS

La base du système nouveau réside dans le fait que la «somme assurée» [...] est définie par référence à la valeur d'une unité de compte, dite «valeur de référence» [...] Les assurés sont, de ce fait, associés à la croissance des valeurs retenues comme base, étant entendu que leur «capital» variera suivant l'évolution, en hausse ou en baisse, des dites valeurs [...]

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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