TERMIUM Plus®

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LIFE INSURANCE TRUST [1 record]

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Filter results by subject field

Alphabetical list of terms

Record 1 2004-09-08

English

Subject field(s)
  • Life Insurance
DEF

A type of life insurance policy where a trust company is named as the beneficiary and distributes the proceeds of the policy under the terms of the trust agreement.

Key term(s)
  • life-insurance trust

French

Domaine(s)
  • Assurance sur la vie
CONT

On peut constituer une fiducie d'assurance-vie en procédant de trois façons, soit : 1. en établissant un contrat de fiducie distinct; 2. en incluant une clause de fiducie dans un testament; 3. en indiquant la mention «en fiducie» comme bénéficiaire d'une police d'assurance-vie.

Spanish

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