TERMIUM Plus®
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LEVEL PREMIUM LIFE INSURANCE [1 record]
Record 1 - internal organization data 1981-08-27
Record 1, English
Record 1, Subject field(s)
- Life Insurance
- Insurance
Record 1, Main entry term, English
- level premium life insurance 1, record 1, English, level%20premium%20life%20insurance
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 OBS
Life insurance for which the premium remains the same from year to year. The premium is more than the actual cost of protection during the earlier years of the policy and less than the actual cost in the later years. The building up of a reserve is a natural result of having level premiums over the life of the policy. When invested, this reserve amount earns a return that helps keep the level premium down. 1, record 1, English, - level%20premium%20life%20insurance
Record 1, French
Record 1, Domaine(s)
- Assurance sur la vie
- Assurances
Record 1, Main entry term, French
- assurance à prime nivelée 1, record 1, French, assurance%20%C3%A0%20prime%20nivel%C3%A9e
Record 1, Abbreviations, French
Record 1, Synonyms, French
- assurance à prime constante 1, record 1, French, assurance%20%C3%A0%20prime%20constante
- assurance à prime uniforme 1, record 1, French, assurance%20%C3%A0%20prime%20uniforme
Record 1, Textual support, French
Record number: 1, Textual support number: 1 OBS
Une assurance-vie dont la prime demeure la même d'une année à l'autre. La prime est supérieure au coût réel de la protection durant les premières années du contrat et inférieure, au cours des années ultérieures. La constitution d'une réserve découle naturellement des primes uniformes pendant toute la durée du contrat. Une fois investie, cette réserve rapporte des revenus, qui permettent de maintenir au plus bas possible le niveau des primes. 1, record 1, French, - assurance%20%C3%A0%20prime%20nivel%C3%A9e
Record 1, Spanish
Record 1, Textual support, Spanish
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