- cancellation fee insurance
- assurance-annulation (2e)
English-French insurance dictionary. 2013.
English-French insurance dictionary. 2013.
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Debt Cancellation Contract — A contract in which a bank agrees to cancel all or part of a customer s obligation to repay a loan due to an event such as death, disability or involuntary loss of employment. A debt cancellation contract is an alternative to a life insurance… … Investment dictionary
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Surrender Charge — A fee levied on a life insurance policyholder upon cancellation of his or her life insurance policy. The fee is used to cover the costs of keeping the insurance policy on the insurance provider s books. Also known as a surrender fee . If the… … Investment dictionary