- nonforfeiture values
- valeurs garanties de réductions et de rachat (2e)
English-French insurance dictionary. 2013.
nonforfeiture values
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Values — The worth of a nonforfeiture clause that specifies that an insured party would receive the equity from a life insurance policy, in the event that the policy were canceled because the premium payments were not made. The policy s value would be… … Investment dictionary
nonforfeiture law — noun : a law requiring life insurance companies within certain limitations to grant surrender values on policies for which premium payments have been discontinued … Useful english dictionary
surrender — surrenderer, n. /seuh ren deuhr/, v.t. 1. to yield (something) to the possession or power of another; deliver up possession of on demand or under duress: to surrender the fort to the enemy; to surrender the stolen goods to the police. 2. to give… … Universalium
Commissioners Standard Industrial Mortality Table — A mathematical table used by actuaries to calculate the nonforfeiture values of industrial life insurance policies. Commmissioners Standard Industrial mortality tables establish the minimum amount that must be paid to the policyholder. These… … Investment dictionary
Commissioners Standard Ordinary Mortality Table — An actuarial table used to compute the minimum nonforfeiture values of ordinary life insurance policies. The Commissioners Standard Ordinary (CSO) mortality table reflects the probability that people in various age groups will die in a given year … Investment dictionary
Elizur Wright — (12 February 1804 22 November1885) was an American mathematician and abolitionist. He is sometimes described as the father of life insurance for his pioneering work on actuarial tables. Mathematics career In 1829 he became Professor of… … Wikipedia
