TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
RETURN PREMIUM [1 record]
Record 1 - internal organization data 2016-03-08
Record 1, English
Record 1, Subject field(s)
- Insurance
- Foreign Trade
Record 1, Main entry term, English
- return of premium
1, record 1, English, return%20of%20premium
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- refund of premium 2, record 1, English, refund%20of%20premium
correct
- premium refund 3, record 1, English, premium%20refund
correct
- return premium 4, record 1, English, return%20premium
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 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. 1, record 1, English, - return%20of%20premium
Record number: 1, Textual support number: 1 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. 5, record 1, English, - return%20of%20premium
Record 1, French
Record 1, Domaine(s)
- Assurances
- Commerce extérieur
Record 1, Main entry term, French
- restitution de prime
1, record 1, French, restitution%20de%20prime
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- ristourne de prime 2, record 1, French, ristourne%20de%20prime
correct, feminine noun
- remboursement de prime 3, record 1, French, remboursement%20de%20prime
correct, masculine noun
- prime ristournée 4, record 1, French, prime%20ristourn%C3%A9e
correct, feminine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Partie d'une prime qui est retournée au titulaire d'une police au moment de l'annulation totale ou partielle de la police. 5, record 1, French, - restitution%20de%20prime
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Seguros
- Comercio exterior
Record 1, Main entry term, Spanish
- restitución de prima
1, record 1, Spanish, restituci%C3%B3n%20de%20prima
correct, feminine noun
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
Record 1, Textual support, Spanish
Record number: 1, Textual support number: 1 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. 1, record 1, Spanish, - restituci%C3%B3n%20de%20prima
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