TERMIUM Plus®

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

LIFE INSURANCE POLICY LOAN [2 records]

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Filter results by subject field

Alphabetical list of terms

Record 1 1988-03-08

English

Subject field(s)
  • Insurance
  • Loans

French

Domaine(s)
  • Assurances
  • Prêts et emprunts

Spanish

Save record 1

Record 2 1986-12-11

English

Subject field(s)
  • Loans
  • Life Insurance
CONT

A life insurance loan is money borrowed from an insurance company against the cash surrender value of a life insurance policy. The face value of the policy is then reduced by the amount of the loan until it is repaid.

French

Domaine(s)
  • Prêts et emprunts
  • Assurance sur la vie
CONT

Un prêt d'assurance-vie est constitué par un montant d'argent emprunté à une compagnie d'assurance jusqu'à concurrence de la valeur des fonds accumulés de la police d'assurance. La valeur nominale de la police est ensuite diminuée de la valeur du prêt tant et aussi longtemps qu'il n'est pas remboursé.

Spanish

Save record 2

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