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seguro de vida resgatáveis ou não

English translation: permanent or whole life insurance and term life insurances

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:seguro de vida resgatáveis ou não
English translation:permanent or whole life insurance and term life insurances
Entered by: Luiza Modesto

18:41 Jun 9, 2010
Portuguese to English translations [PRO]
Bus/Financial - Insurance / Life Insurance
Portuguese term or phrase: seguro de vida resgatáveis ou não
Here's the context:

"Os bancos oferecem inúmeras alternativas: seguro-educação, seguro de vida resgatáveis ou não, seguro de trabalho e planos de previdência, entre outros."

Pode oferecer uma definição também?

Is this type of insurance available in English speaking countries?
Clayton Causey
permanent and term life insurances
Explanation:
Term life policies offer death benefits only, so if you die, you win (so to speak). If you live past the length of the policy, you (or, more specifically, your family members) get no money back.

Permanent life policies offer death benefits and a "savings account" (also called "cash value") so that if you live, you get back at least some of, and often much more than, the amount you spent on your premium. You get this money back either by cashing in the policy or by borrowing against it.

http://articles.moneycentral.msn.com/Insurance/InsureYourLif...
Selected response from:

Luiza Modesto
Brazil
Local time: 03:21
Grading comment
Research revealed that the other suggestions was over-literal.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3redeemable or non-redeemable life insurance (policies)
Marlene Curtis
4permanent and term life insurances
Luiza Modesto
Summary of reference entries provided
Susep, VGBL, and the [Brazilian] Redeemable Life Insurance
Beatriz Souza

Discussion entries: 9





  

Answers


7 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
redeemable or non-redeemable life insurance (policies)


Explanation:
Portal of the Principality of Liechtenstein - Economy - Stamp duties
In general, all premium payments for policies belonging to the domestic ... premium and is in general 5%, 2.5% for single premium redeemable life insurance. ...
www.liechtenstein.li/.../fl-wuf-steuern-stempelabgaben.htm

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Note added at 21 mins (2010-06-09 19:03:19 GMT)
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Don't worry, I hold a redeemable life insurance policy.

Articles Insight | Whole Life Insurance Quote - Whole Life ...
Well, whole life insurance policy in most cases will serve as both life insurance Policy redeemable by the insured's beneficiaries after death, ...
www.articlesinsight.com/.../Whole-Life-Insurance-Quote-Whol...

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Note added at 22 mins (2010-06-09 19:04:15 GMT)
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Correct link

http://www.articlesnatch.com/topic/Term vs Whole Life Insura...

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Note added at 25 mins (2010-06-09 19:06:50 GMT)
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Whole Life Insurance Quote - Whole Life Insurance And Term Life Compared
By: Emeka Ezidiegwu | - These days, a well structured and competitive premium received from a good whole life insurance quote can be a double-edged sword: in a good way I mean. It's like eating your cake and having it back. How you said? Well, whole life insurance policy in most cases will serve as both life insurance Policy redeemable by the insured's beneficiaries after death, or an investment that the insured can cash-out, borrowed from or even receive a dividend

from. This is of course; if the premium is competitiv ...


Read more: http://www.articlesnatch.com/topic/Term vs Whole Life Insura...
Under Creative Commons License: Attribution No Derivatives


Marlene Curtis
United States
Local time: 02:21
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 192
Notes to answerer
Asker: Notice that your link is from a non-English speaking country.


Peer comments on this answer (and responses from the answerer)
agree  Walter Moura
8 mins
  -> Grata Walter!
agree  Beatriz Souza: até a Susep concorda...;o)
7 hrs
  -> Grata!
agree  Isabel Maria Almeida
14 hrs
  -> Grata!
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
permanent and term life insurances


Explanation:
Term life policies offer death benefits only, so if you die, you win (so to speak). If you live past the length of the policy, you (or, more specifically, your family members) get no money back.

Permanent life policies offer death benefits and a "savings account" (also called "cash value") so that if you live, you get back at least some of, and often much more than, the amount you spent on your premium. You get this money back either by cashing in the policy or by borrowing against it.

http://articles.moneycentral.msn.com/Insurance/InsureYourLif...

Luiza Modesto
Brazil
Local time: 03:21
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 16
Grading comment
Research revealed that the other suggestions was over-literal.
Notes to answerer
Asker: Thanks!

Login to enter a peer comment (or grade)




Reference comments


7 hrs
Reference: Susep, VGBL, and the [Brazilian] Redeemable Life Insurance

Reference information:
“About Brazilian Insurance Market” -

http://www.susep.gov.br/menuingles/about_bim.asp

(…) Regarding specifically to life lines (capitalization-structured products) and pension segments a great expansion could be observed, especially considering the recent performance of two products:
the VGBL (“Vida Gerador de Benefícios Livres” or Redeemable Life Insurance) and
the PGBL (“Plano Gerador de Benefícos Livres” or Plan Generator of Benefits).
Created in 2001, the VGBL is a life surrender benefit product that unites the outliving character of the annuity with the investment-oriented feature of the variable life insurance, which has been benefited from the stabilized economic outlook more conducive to longer-term savings. The PGBL, precursor of VGBL, is a private pension plan created in 1997 and inspired in the American 401-K. Both have special tax benefits. (...)

=======
bom trabalho!
beatriz souza


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Note added at 7 hrs (2010-06-10 02:03:53 GMT)
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VGBL: reversão do benefício depende de contrato
04 de março de 2002

O VGBL não garante que, com a morte do segurado, um beneficiário receberá uma indenização. Também não há garantia de repasse dos benefícios para um herdeiro. Isso vai depender do plano contratado pelo segurado.
O produto Vida Gerador de Benefícios Livres (VGBL), aprovado recentemente pela Superintendência de Seguros Privados (Susep), é um seguro de vida por sobrevivência aliado a um plano de previdência privada. Isso significa que, ultrapassada a fase de acumulação de recursos, o segurado terá direito a receber uma renda mensal, que poderá ser vitalícia ou temporária. Na escolha da forma de pagamento da renda, o investidor também pode optar pela reversão ou não da renda para um beneficiário.
É importante destacar que, no VGBL, se o investidor morre durante a fase de acumulação dos recursos, os herdeiros terão direito a uma indenização correspondente ao saldo acumulado. Mas, se o segurado morre na fase de recebimento dos benefício, os herdeiros não receberão nenhum valor, a menos que o contribuinte tenha pago uma cobertura adicional. Outra situação dá-se quando o segurado opta por um plano com reversão dos benefícios para uma determinada pessoa durante um certo tempo. Mas isso vai depender do plano que o segurado adquiriu. (...)

http://www.estadao.com.br/arquivo/economia/2002/not20020304p...
===

Beatriz Souza
Brazil
Works in field
Native speaker of: Portuguese
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