20:47 Sep 6, 2015 |
Dutch to English translations [PRO] Bus/Financial - Insurance | |||||||
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| Selected response from: Frank van 't Hoog France Local time: 00:17 | ||||||
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Summary of answers provided | ||||
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4 | on a decreasing annuity basis |
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2 | annuity-tapering; decreasing continuous annuity |
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Discussion entries: 2 | |
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on a decreasing annuity basis Explanation: Zo omschrijf je het m.i. duidelijk genoeg. |
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annuity-tapering; decreasing continuous annuity Explanation: the latter if term life insurance/assurance. I suggest you read the 2nd web ref. for an answer to your other questions that surely the client need not enquire into. But the annuity is annual payment out of the insurance that can also be paid in monthly or quarterly instalments or annually in arrear. I would put down a higher percentage on a slower erosion of the insurance coverage - you mean fund - to a prudent invetsment of the later by the ins. co. So the 5-7% percentage of what is of the fund. -------------------------------------------------- Note added at 10 hrs (2015-09-07 07:36:28 GMT) -------------------------------------------------- Answer to your 1st question - based on my private life assurance and the info. pack I recvd. Answer to your 2nd question - no. Not level - again based on my own private scheme. Maybe somebody else can explain. No more time - must rush. Reference: http://www.actuarialoutpost.com/actuarial_discussion_forum/a... Reference: http://www.dummies.com/how-to/content/how-do-annuities-work.... |
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