TERMIUM Plus®

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

whole-life assurance [1 record]

Record 1 2018-11-26

English

Subject field(s)
  • Life Insurance
DEF

A life insurance contract that is not restricted with respect to the time that it remains in effect and that has a cash surrender value.

OBS

whole life insurance: not to be confused with "term life insurance."

OBS

whole-life assurance: term extracted from the "Glossaire de l'économie" and reproduced with permission of the Organisation for Economic Co-operation and Development.

French

Domaine(s)
  • Assurance sur la vie
DEF

Type d'assurance-vie couvrant la vie entière de l'assuré, qui garantit le versement d'un capital aux ayants droit de ce dernier à son décès et dont une partie de la prime, après un certain temps, donne lieu à un placement correspondant à la «valeur de rachat» du contrat.

OBS

assurance vie-entière : terme extrait du «Glossaire de l'économie» et reproduit avec l'autorisation de l'Organisation de coopération et de développement économiques.

Spanish

Campo(s) temático(s)
  • Seguro de vida
DEF

Modalidad de seguro de vida por la que se garantiza el pago de un capital inmediatamente después del fallecimiento del asegurado, sea cual fuere la fecha en que ocurra dicho fallecimiento.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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