deferred dividend insurance

deferred dividend insurance
assurance à participation différée (RL, LGA)

English-French insurance dictionary. 2013.

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  • deferred dividend — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

  • deferred dividend policy — A policy of life insurance wherein it is stipulated that the insured is not entitled to any part of the surplus or dividend, otherwise accruing upon the policy annually, until the expiration of a dividend period, which may be 5 years, 10 years,… …   Ballentine's law dictionary

  • deferred dividend — noun : an insurance dividend payable from the surplus accumulated during a given period to those policyholders only who are alive at its expiry and whose policies are then in force …   Useful english dictionary

  • dividend — The distribution of current or accumulated earnings to the shareholders of a corporation pro rata based on the number of shares owned. Dividends are usually issued in cash. However, they may be issued in the form of stock or property. The… …   Black's law dictionary

  • dividend — The distribution of current or accumulated earnings to the shareholders of a corporation pro rata based on the number of shares owned. Dividends are usually issued in cash. However, they may be issued in the form of stock or property. The… …   Black's law dictionary

  • policy of insurance — The parlance of the insurance business, the contract between the insured and the insurer. State ex rel. Sheets v Pittsburgh, Cincinnati, Chicago & St. Louis Ry. Co. 68 Ohio St 9, 67 NE 93. The formal document in which a contract of insurance… …   Ballentine's law dictionary

  • Tontine insurance — Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the policies of those… …   The Collaborative International Dictionary of English

  • tontine insurance — noun a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members • Syn: ↑tontine • Hypernyms: ↑life insurance, ↑life assurance * * * noun : participating life insurance providing for …   Useful english dictionary

  • Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

  • Whole life insurance — Whole Life Insurance, or Whole of Life Assurance (in the Commonwealth), is a life insurance policy that remains in force for the insured s whole life and requires (in most cases) premiums to be paid every year into the policy. Contents 1 History… …   Wikipedia

  • free tontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

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