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German: fondsgebundene Versicherungen

English translation: variable life insurance policies *AmE*






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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:fondsgebundene Versicherungen
English translation:variable life insurance policies *AmE*
Entered by:Steffen Walter
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2:56pm Mar 24, 2004Login or register (free) for more options.
German to English translations [PRO]
Bus/Financial - Insurance / Movie-making
German term or phrase: fondsgebundene Versicherungen
An insurance company that provides "fondsgebundene Versicherungen".
xxxMackert
Clarification request(s) and response
xxxMackert (asker): 4:23pm Mar 24, 2004: I forgot to mention that the translation is into US-English.

unit-linked insurance policies
Explanation:
is what they are called

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Note added at 2 hrs 8 mins (2004-03-24 17:04:58 GMT)
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A rough American equivalent:

http://www.investopedia.com/terms/v/variablelifeinsurancepol...
Variable Life Insurance Policy
A life insurance contract that provides financial compensation to the named beneficiaries in the event of the insured\'s death. The insurance company guarantees payment of a minimum amount plus an additional sum according to the performance of a separate account, usually invested in equities or other relatively high-yielding securities.

http://partners.financenter.com/businessweek/learn/guides/te...
Variable life insurance
A form of permanent insurance that allows the policyholder to invest a portion of the cash value of the policy in a portfolio of stock, bond and money market investments. Premiums are fixed and a share of them is allocated to the investment portfolio. The policyholder bears the risk from these investments in the form of a cash value and death benefit that fluctuates with the performance of the investment portfolio.
Selected response from:

Robert Schlarb
Austria
Note from asker to answerer
Thanks, I think this will work nicely. Michael
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2unit-linked (insurance) policies
Steffen Walter
4unit-linked insurance policies
Robert Schlarb


  

Answers

8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
unit-linked insurance policies


Explanation:
is what they are called

--------------------------------------------------
Note added at 2 hrs 8 mins (2004-03-24 17:04:58 GMT)
--------------------------------------------------

A rough American equivalent:

http://www.investopedia.com/terms/v/variablelifeinsurancepol...
Variable Life Insurance Policy
A life insurance contract that provides financial compensation to the named beneficiaries in the event of the insured\'s death. The insurance company guarantees payment of a minimum amount plus an additional sum according to the performance of a separate account, usually invested in equities or other relatively high-yielding securities.

http://partners.financenter.com/businessweek/learn/guides/te...
Variable life insurance
A form of permanent insurance that allows the policyholder to invest a portion of the cash value of the policy in a portfolio of stock, bond and money market investments. Premiums are fixed and a share of them is allocated to the investment portfolio. The policyholder bears the risk from these investments in the form of a cash value and death benefit that fluctuates with the performance of the investment portfolio.


Robert Schlarb
Austria
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 23
Note from asker to answerer
Thanks, I think this will work nicely. Michael
Login to enter a peer comment (or grade)


14 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
unit-linked (insurance) policies


Explanation:
seems to be the commonly used term here, as opposed to "with-profits" (see sources)

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Note added at 18 hrs 4 mins (2004-03-25 09:00:45 GMT)
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The SEC also refers to \"unit-linked policies\" although, in this case, these may have been underwritten by a British plc - see
http://www.sec.gov/info/accountants/noaction/aapwc.htm

So you may use this term in order to more closely reflect the original concept, which should also be understood by an American audience.


    Reference: http://www.moneyextra.com/glossary/gl00284.htm
    Reference: http://www.swissre.com/INTERNET/pwswpspr.nsf/fmBookMarkFrame...
Steffen Walter
Germany
Works in field
Native speaker of: Native in GermanGerman
PRO pts in category: 136

Peer comments on this answer (and responses from the answerer)
agree Terry Moran: Spot on. Nothing to discuss.
3 hrs

agree Mario Marcolin
18 hrs
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