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Abbreviation: VPA

English translation: waiver of premium in the event of incapacity (for work)

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11:11 Aug 8, 2006
Dutch to English translations [PRO]
Bus/Financial - Insurance / University level term
Dutch term or phrase: Abbreviation: VPA
Do anyone happen to know what VPA stands for?

VPA-opslag / VPA klasse / Einddatum VPA.

Context is an application form for an Equity-related insurance policy
Bracha de Man
Local time: 07:56
English translation:waiver of premium in the event of incapacity (for work)
Explanation:
VPA=vrijstelling van premiebetaling bij arbeidsongeschiktheid

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Note added at 5 hrs (2006-08-08 16:26:50 GMT)
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or just 'waiver of premium'.

Some supporting references:

de verzekering van premievrijstelling bij arbeidsongeschiktheid (VPA).
Door de meeste levensverzekeraars wordt het recht op vrijstelling van premiebetaling bij blijvende algehele arbeidsongeschiktheid niet via de standaard polisvoorwaarden meeverzekerd.

www.kbs.twi.tudelft.nl/docs/MSc/2001/Taner_Suleyman/thesis....

waiver of premium
Definition

Insurance policy clause or option allowing a policyholder who becomes disabled or seriously ill to not pay the premiums.

http://www.investorwords.com/5276/waiver_of_premium.html
Selected response from:

CI95
Local time: 06:56
Grading comment
Thank You!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1waiver of premium in the event of incapacity (for work)CI95


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
waiver of premium in the event of incapacity (for work)


Explanation:
VPA=vrijstelling van premiebetaling bij arbeidsongeschiktheid

--------------------------------------------------
Note added at 5 hrs (2006-08-08 16:26:50 GMT)
--------------------------------------------------

or just 'waiver of premium'.

Some supporting references:

de verzekering van premievrijstelling bij arbeidsongeschiktheid (VPA).
Door de meeste levensverzekeraars wordt het recht op vrijstelling van premiebetaling bij blijvende algehele arbeidsongeschiktheid niet via de standaard polisvoorwaarden meeverzekerd.

www.kbs.twi.tudelft.nl/docs/MSc/2001/Taner_Suleyman/thesis....

waiver of premium
Definition

Insurance policy clause or option allowing a policyholder who becomes disabled or seriously ill to not pay the premiums.

http://www.investorwords.com/5276/waiver_of_premium.html


CI95
Local time: 06:56
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28
Grading comment
Thank You!

Peer comments on this answer (and responses from the answerer)
agree  Dave Calderhead: or waiver of premium when occupationally disabled
5 hrs
  -> thank you Dave. Your alternative would also work.
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