GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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10:32 Jun 25, 2004 |
Chinese to English translations [PRO] Insurance | |||||||
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| Selected response from: Ozethai Australia Local time: 03:22 | ||||||
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Summary of answers provided | ||||
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5 | Annuity |
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4 | Long-life Annuity |
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3 | longevity pension/annuity insurance |
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Discussion entries: 1 | |
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延壽年金保險 Long-life Annuity Explanation: Just a suggestion |
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墑氭擭嬥曐瑷 Annuity Explanation: It is just called annuity, but I think the policyholders generally need to buy the policy BEFORE they retire or reach the age of 65, instead of began buying AFTER they retire or turn 65 yrs old. This part I am not so sure though. Another kind of policy could be similar to what you are asking. It's the "Term Life" policy. This kind of policy covers just a period of the policyholder's life, say 10, 20 or 30 years. Annuities can also be "term-certain" if the policyholder is more paranoid about being dead in just a few years after they start collect the annuity benefts. |
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墑氭擭嬥曐瑷 longevity pension/annuity insurance Explanation: A suggestion. -------------------------------------------------- Note added at 9 hrs 50 mins (2004-06-25 20:22:30 GMT) -------------------------------------------------- Also called \"aged pension insurance\" here. |
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