TERMIUM Plus®

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

FIDUCIE ASSURANCE-VIE IRREVOCABLE [1 record]

Record 1 2004-09-27

English

Subject field(s)
  • Life Insurance
DEF

A trust that owns your life insurance policy [and] pays the policy premiums and passes along the death benefit to your designated beneficiaries when you die.

Key term(s)
  • irrevocable life-insurance trust

French

Domaine(s)
  • Assurance sur la vie

Spanish

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