Glossary entry (derived from question below)
Italiano term or phrase:
PIANO DI ACCUMULO ASSICURATIVO CON PARTECIPAZIONE
Inglese translation:
With Profits Endowment Policy (UK)
Added to glossary by
DCypher (X)
Feb 14, 2006 09:19
18 yrs ago
7 viewers *
Italiano term
PIANO DI ACCUMULO ASSICURATIVO CON PARTECIPAZIONE
Da Italiano a Inglese
Affari/Finanza
Assicurazioni
Any suggestions for the most concise way to render this? Piano di accumulo could be "periodic payment plan" but this is also a life insurance policy with profit-sharing. Many thanks.
Proposed translations
(Inglese)
5 | With Profits Endowment Policy (UK) | DCypher (X) |
5 | participative commulative insurance plan | telefpro |
4 | Whole Life Insurance Policy | Michael Pawlik |
Proposed translations
2 ore
Selected
With Profits Endowment Policy (UK)
see following links for 1) description of product in Italian and 2) reference to similar product in english. Sometimes the terminology "bonus" is used in place of or interchangeably with "with profits".
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Note added at 2 hrs (2006-02-14 12:18:19 GMT)
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"with profits" or "bonus" refers to participation in any surplus of the life fund.
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Note added at 2 hrs (2006-02-14 12:18:19 GMT)
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"with profits" or "bonus" refers to participation in any surplus of the life fund.
4 KudoZ points awarded for this answer.
Comment: "fits the bill nicely, thanks very much!"
23 min
participative commulative insurance plan
This the language thatcan be used
52 min
Whole Life Insurance Policy
Here is a definition of the term, which seems to cover your needs pretty well:
"A life insurance contract with level premiums that has both an insurance and an investment component. The insurance component pays a stated amount upon death of the insured. The investment component accumulates a cash value that the policyholder can withdraw or borrow against."
"A life insurance contract with level premiums that has both an insurance and an investment component. The insurance component pays a stated amount upon death of the insured. The investment component accumulates a cash value that the policyholder can withdraw or borrow against."
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