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annuïtair dalende overlijdensrisicoverzekering

English translation: decreasing, annuity-based life insurance or assurance

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:annuïtair dalende overlijdensrisicoverzekering
English translation:decreasing, annuity-based life insurance or assurance
Entered by: Jack den Haan
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18:44 Feb 15, 2008
Dutch to English translations [PRO]
Bus/Financial - Insurance
Dutch term or phrase: annuïtair dalende overlijdensrisicoverzekering
It's the 'annuitair' bit I am not sure about - it is contrasted with 'linear decreasing term life assurance'. I have been trying to working it out from the example in:
http://www.verzekervoordelig.nl/verzekeringen/zorg_en_inkome... but my maths is not up to it. Something to do with annuities ? Is it geometric instead of linear.
Brian Moses
United Kingdom
Local time: 08:26
decreasing, annuity-based life insurance or assurance
Explanation:
I'm not a specialist in insurance matters -- gelukkig heb ik meer verstand van techniek ;-) -- but linguistically speaking this should do the trick. I guess annuity-based life insurance would be analogous to annuity mortgage schemes. I used to know all about that when I bought my house 20 years ago, but I must admit the finer details of this financial construction have since escaped me...
Selected response from:

Jack den Haan
Netherlands
Local time: 09:26
Grading comment
Thanks Jack.
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1decreasing, annuity-based life insurance or assuranceJack den Haan


  

Answers


34 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
decreasing, annuity-based life insurance or assurance


Explanation:
I'm not a specialist in insurance matters -- gelukkig heb ik meer verstand van techniek ;-) -- but linguistically speaking this should do the trick. I guess annuity-based life insurance would be analogous to annuity mortgage schemes. I used to know all about that when I bought my house 20 years ago, but I must admit the finer details of this financial construction have since escaped me...

Jack den Haan
Netherlands
Local time: 09:26
Native speaker of: Native in DutchDutch, Native in EnglishEnglish
PRO pts in category: 24
Grading comment
Thanks Jack.

Peer comments on this answer (and responses from the answerer)
agree  Lianne van de Ven: Annuity-based is very good! It's a progressive decrease indeed.
9 hrs
  -> Thanks, Lianne.
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Changes made by editors
Feb 25, 2008 - Changes made by Jack den Haan:
Created KOG entryKudoZ term » KOG term


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