TERMIUM Plus®

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TONTINE CONTRACT [1 record]

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Record 1 2010-08-12

English

Subject field(s)
  • Life Insurance
CONT

The original tontine contract was for the purpose of securing government loans on advantageous terms from the people, and was based upon a division of the lenders into classes, only the survivors of which were at any given period to participate in the payment of the dividends or principal.

French

Domaine(s)
  • Assurance sur la vie
CONT

Sous réserve du respect du caractère aléatoire du contrat tontinier, c'est-à-dire sous réserve que l'espérance de vie de chaque souscripteur ne soit pas trop différente.

Spanish

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