participation spéciale de cessation de contrat
- Domaine
-
- assurance
Terme :
- participation spéciale de cessation de contrat n. f.
Traductions
-
anglais
Auteur : Sun Life du Canada compagnie d'assurance-vie,Définition
((...)) a special dividend given to the policyholder when his contract terminates by cash surrender or by maturity as an endowment.
Note :
This dividend represents a return to the policyholder, after a sufficient number of years, of surplus built up for his protection under this type of policy.
Terme :
- terminal dividend