TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
POLICY PREMIUM METHOD [1 record]
Record 1 - internal organization data 1998-04-30
Record 1, English
Record 1, Subject field(s)
- Life Insurance
Record 1, Main entry term, English
- policy premium method
1, record 1, English, policy%20premium%20method
correct
Record 1, Abbreviations, English
- PPM 2, record 1, English, PPM
correct
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
A method of calculating actuarial reserves for life business. 3, record 1, English, - policy%20premium%20method
Record number: 1, Textual support number: 2 DEF
A method of computing actuarial liabilities which uses the full amount of the premiums stipulated in the related insurance policies (i.e., the actual premiums), and the estimated related expenses and obligations (without arbitrary limitation), such that the net present value of these elements, after providing for the provision for adverse deviations, is recognized in income when the policies are issued. 4, record 1, English, - policy%20premium%20method
Record 1, French
Record 1, Domaine(s)
- Assurance sur la vie
Record 1, Main entry term, French
- méthode de la prime commerciale
1, record 1, French, m%C3%A9thode%20de%20la%20prime%20commerciale
correct, feminine noun
Record 1, Abbreviations, French
- MPC 2, record 1, French, MPC
correct
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Méthode pour calculer les provisions mathématiques affectées à l'assurance-vie. 3, record 1, French, - m%C3%A9thode%20de%20la%20prime%20commerciale
Record number: 1, Textual support number: 2 DEF
Méthode de calcul des provisions techniques dans laquelle on tient compte 1) du montant total des primes selon les contrats d'assurance (c'est-à-dire des primes commerciales), et 2) des charges et obligations estimatives s'y rapportant, de sorte que la valeur actualisée nette de ces éléments soit constatée dans les produits au moment de la souscription des contrats d'assurance. 4, record 1, French, - m%C3%A9thode%20de%20la%20prime%20commerciale
Record 1, Spanish
Record 1, Textual support, Spanish
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