TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
ASSURANCE VIE PRIME PARTAGEE [1 record]
Record 1 - internal organization data 2018-12-31
Record 1, English
Record 1, Subject field(s)
- Life Insurance
Record 1, Main entry term, English
- split dollar life insurance
1, record 1, English, split%20dollar%20life%20insurance
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- split-dollar insurance 2, record 1, English, split%2Ddollar%20insurance
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
What is split dollar life insurance? Exempt life insurance is comprised of an insurance protection component and a tax-deferred investment component. The split dollar concept recognizes that these components can be matched to the parties that require a particular benefit with each party entitled to an interest in the contract. The advantages of sharing the costs and benefits of one life insurance contract over each party owning individual policies are that the parties only purchase the aspect of the policy they want or need, which can result in cost savings and increased rates of return. 1, record 1, English, - split%20dollar%20life%20insurance
Record 1, French
Record 1, Domaine(s)
- Assurance sur la vie
Record 1, Main entry term, French
- assurance vie à prime partagée
1, record 1, French, assurance%20vie%20%C3%A0%20prime%20partag%C3%A9e
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- assurance à prime partagée 1, record 1, French, assurance%20%C3%A0%20prime%20partag%C3%A9e
correct, feminine noun
- assurance en co-participation 2, record 1, French, assurance%20en%20co%2Dparticipation
correct, feminine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
En quoi consiste l'assurance vie à prime partagée? Un contrat d'assurance vie exonéré se compose d'un élément protection d'assurance et d'un élément placement avec report d'impôt. Dans le cadre du concept de prime partagée, ces éléments peuvent être rattachés à chacune des parties selon les avantages qu'elles recherchent, chaque partie possédant un intérêt dans le contrat. Pour les parties, il est plus avantageux de répartir entre elles les coûts et les garanties d'un contrat d'assurance vie unique au lieu de souscrire chacune un contrat, car chacune achète alors uniquement l'élément du contrat qu'elle souhaite ou dont elle a besoin, ce qui se traduit par une économie de coût et un rendement accru. 1, record 1, French, - assurance%20vie%20%C3%A0%20prime%20partag%C3%A9e
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Seguro de vida
Record 1, Main entry term, Spanish
- seguro de vida con gastos y beneficios de póliza compartidos
1, record 1, Spanish, seguro%20de%20vida%20con%20gastos%20y%20beneficios%20de%20p%C3%B3liza%20compartidos
masculine noun
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
Record 1, Textual support, Spanish
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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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