TERMIUM Plus®

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

RISTOURNE PRIME [2 records]

Record 1 2016-03-08

English

Subject field(s)
  • Insurance
  • Foreign Trade
DEF

That part of a premium which is returned upon cancellation or partial cancellation of a policy, on rate adjustments, or when an advance premium is in excess of the actual premium.

CONT

A life insurance company is co-operative business, the policyholders doing business with each other only, so to speak. The overpayments may vary with plan, age at entry and duration of policy; hence the word surplus is far more appropriate than "profits". This also explains why the expression "premiums refund" is so often used in place of dividend when referring to a participating life insurance policy.

French

Domaine(s)
  • Assurances
  • Commerce extérieur
DEF

Partie d'une prime qui est retournée au titulaire d'une police au moment de l'annulation totale ou partielle de la police.

Spanish

Campo(s) temático(s)
  • Seguros
  • Comercio exterior
DEF

Devolución o extorno de prima que debe efectuar el asegurador normalmente por la parte que corresponde a períodos por los que no ha soportado riesgo como consecuencia de la rescisión del seguro.

Save record 1

Record 2 2016-03-07

English

Subject field(s)
  • Insurance
  • Foreign Trade

French

Domaine(s)
  • Assurances
  • Commerce extérieur

Spanish

Campo(s) temático(s)
  • Seguros
  • Comercio exterior
Save record 2

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