English: in light of falling interest ratesSpanish translation: a raíz de la caída de las tasas de interés KudoZ The KudoZ network provides a framework for translators ... More |
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| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | English term or phrase: | in light of falling interest rates | | Spanish translation: | a raíz de la caída de las tasas de interés | | Entered by: | Patricia Gonzalez |
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English to Spanish translations [PRO] Bus/Financial - Finance (general) | | English term or phrase: in light of falling interest rates | On occasion, the Florida Department of Financial Services receives "churning" complaints on universal life policies. Churning is when cash values from old ordinary whole life policies are combined to purchase a "single payment" universal life with a higher death benefit than the old policies. The single payment is often insufficient to sustain the policy, in light of falling interest rates.
gracias a todos |
| | | Selected response from: Patricia Gonzalez Mexico
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