factor de no caducidad

00:25 Aug 16, 2020
This question was closed without grading. Reason: Answer found elsewhere

Spanish to English translations [PRO]
Bus/Financial - Insurance / table of values
Spanish term or phrase: factor de no caducidad
I have a life insurance policy from Puerto Rico.
The TABLE OF VALUES FOR EACH $1,000 OF INITIAL INSURANCE AMOUNT has the following headers:

EDAD
**Factor de Caducidad**
(Column) (Column)
Efect. Seguro
Prést. Saldado


Starting at age 64 with both Efect. Prest. and Seguro Saldado at 0
ending at age 75 with Efect. Prest. 908.07 and Seguro Saldado at 1000


Thanks for all suggestions.
wendy griswold
Local time: 03:25


Summary of answers provided
4non-lapse factor; lapse rate
Adrian MM.
3(no) expiry factor
Sergio Kot


Discussion entries: 4





  

Answers


8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
(no) expiry factor


Explanation:
:-)

Sergio Kot
Israel
Specializes in field
Native speaker of: Native in HebrewHebrew, Native in SpanishSpanish
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10 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
factor de no caducidad ; factor de caducidad
non-lapse factor; lapse rate


Explanation:
Compare a lapse ratio, not of a single life policy as I - as a City of London law clerk - used to assign for am endowmet-type bank or mortgage loan, but of a number of an ins. co's polciies.

Two different questions - with and without a negative - so two dofferent answers.



Example sentence(s):
  • A lapse ratio, or expiration ratio, is a measure of the number of policies issued by an insurance company that are not renewed compared to the number of policies that were active at the beginning of that same period.
  • Concurrent with this lapse deviation, we also observed a corresponding increase in UL mortality that can be approximated using Duke’s MacDonald methods where the anti-selective lapse factor is set equal to the excess of the universal life lapse rates

    Reference: http://www.investopedia.com/terms/l/lapse-ratio.asp
    Reference: http://eng.proz.com/personal-glossaries/entry/3087155-lapse-...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
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