TERMIUM Plus®

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

TRUE PREMIUM [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1999-01-28

English

Subject field(s)
  • Life Insurance
DEF

A life insurance premium for a period less than one year not payable if the life insured dies before it falls due.

French

Domaine(s)
  • Assurance sur la vie
DEF

En cas de décès de l'assuré, les fractions de prime (angl. instalment premium) échues après ce décès restent dues pour l'année d'assurance en cours, sauf s'il s'agit d'une prime fractionnée calculée pour une période inférieure à l'année d'assurance et libérée dès le décès (angl. true premium).

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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