TERMIUM Plus®

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

OPTION RENTE REVERSIBLE [1 record]

Record 1 1999-01-18

English

Subject field(s)
  • Life Insurance
DEF

Joint and survivorship option: Policy option that permits having the cash proceeds of an insurance contract being distributed only after the death of the final survivor of those listed in the policy. Frequently used as a retirement income in cases of man and wife.

French

Domaine(s)
  • Assurance sur la vie
CONT

Rente réversible: Rente dont le versement est totalement ou partiellement reporté après le décès de l'assuré sur la tête du conjoint survivant ou de toute autre personne.

Spanish

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