TERMIUM Plus®

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

universal life insurance [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1986-02-14

English

Subject field(s)
  • Life Insurance
DEF

Life insurance policy in which premiums "less expense charges" are credited to a policy account from which periodic charges for life insurance coverage are deducted and to which interest is credited. Usually the policyholder can vary the amount and timing of premium payments and change the amount of insurance.

OBS

Définition et équivalent transmis par Mme Alaoui du service de traduction de l'Association canadienne des compagnies d'assurance de personnes.

French

Domaine(s)
  • Assurance sur la vie

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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