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renteverzekering

English translation: annuity


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:renteverzekering
English translation:annuity
Entered by: Kate Hudson
Options:
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13:14 Oct 31, 2008
Dutch to English translations [PRO]
Bus/Financial - Insurance / insurance types
Dutch term or phrase: renteverzekering
My search led to one guess, but I may be off-track: interest-sensitive insurance. I think this might be more related to some sort of income insurance.
Here is the explanation: Een renteverzekering is een periodieke uitkering welke gegarandeerd is. Deze periodieke uitkering is afhankelijk van het leven van de verzekerde. De verzekerde is in geval van een ouderdomspensioen of overbruggingspensioen de begunstigde. In geval van overlijden van de verzekerde zijn de partner en kinderen begunstigden voor de partner- en wezenrente.
While I'm at it, can someone also tell me what is wezenrente? Orphan's income?
Bracha de Man
Local time: 08:34
annuity
Explanation:
NL: renteverzekering, lijfrenteverzekering
EN: annuity
Definitie EN: A form of insurance or investment entitling the investor to a series of annual sums

http://www.mijnwoordenboek.nl/thema/FI/NL/EN/R/5
Selected response from:

Kate Hudson
Netherlands
Local time: 07:34
Grading comment
You were the first one, so thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3annuity
Kate Hudson
4annuity
Chris Hopley
3annuity
Frank Hesse
Summary of reference entries provided
Wezenrente
Jack den Haan

Discussion entries: 1





  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
annuity


Explanation:
NL: renteverzekering, lijfrenteverzekering
EN: annuity
Definitie EN: A form of insurance or investment entitling the investor to a series of annual sums

http://www.mijnwoordenboek.nl/thema/FI/NL/EN/R/5

Kate Hudson
Netherlands
Local time: 07:34
Native speaker of: Native in EnglishEnglish
PRO pts in category: 44
Grading comment
You were the first one, so thanks

Peer comments on this answer (and responses from the answerer)
agree  Frank Hesse: Hi Kate, just noticed you replied before me. I agree with you.
0 min
  -> Thanks, Frank - a little googling goes a long way!

agree  Dave Calderhead
4 mins
  -> Thanks

agree  xxxjarry
3 hrs
  -> Thanks
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7 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
annuity


Explanation:
Hi Bracha
http://iate.europa.eu/iatediff

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Note added at 8 mins (2008-10-31 13:23:41 GMT)
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I would say 'orphan's pension'

Frank Hesse
Thailand
Specializes in field
Native speaker of: Native in DutchDutch, Native in EnglishEnglish
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10 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
annuity


Explanation:
-> "In tegenstelling tot een kapitaalverzekering voorziet een renteverzekering niet in een eenmalige uitkering, maar in een uitkering in termijnen."
http://nl.wikipedia.org/wiki/Levensverzekering#Renteverzeker...

-> "An annuity is a contract with an insurance company whereby the purchaser pays an initial premium or premiums into a tax-deferred account, which pays out a sum at pre-determined intervals. There are two periods: the accumulation (when payments are paid into the account) and the annuitization (when the insurance company pays out)."
http://en.wikipedia.org/wiki/Life_insurance#Annuities

Chris Hopley
Netherlands
Local time: 07:34
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 47
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Reference comments


39 mins
Reference: Wezenrente

Reference information:
Woordenboek verzekeringsbedrijf N-E/E-N [Vermeij/Kluwer Bedrijfsinformatie]: wezenrente = orphans' annuity.

PS: Should be a second question according to Kudoz rules ;-)

Jack den Haan
Netherlands
Native speaker of: Native in DutchDutch, Native in EnglishEnglish
PRO pts in category: 16
Note to reference poster
Asker: Mea culpa...-:) Apology offered.

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Changes made by editors
Nov 5, 2008 - Changes made by Kate Hudson:
Created KOG entryKudoZ term => KOG term


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