Glossary entry

Danish term or phrase:

Friholdt vaerdi

English translation:

Paid-up value

Added to glossary by Neil Crockford
Jul 12, 2013 20:39
10 yrs ago
Danish term

Friholdt vaerdi

Danish to English Bus/Financial Insurance Pensions
In a pension scheme statement. No further context
Proposed translations (English)
3 Paid-up value
3 Exempted value

Proposed translations

15 hrs
Selected

Paid-up value

Predicated in DE on freigestellte Prämie = paid-up premium.

Alternatives:

x indemnified value - unlikely. unless there is a pension scheme take-over scenario where the the acquirer a.k.a. predator indemnifies the target scheme pensioners.



x exempted value - exempt from what?


Example sentence:

When the premium for a life insurance policy is not paid on time and it lapses, then the Policy acquires a Paid Up Value and it is considered a Paid Up Policy, www.myinsuranceclub.com › Glossary‎

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3 KudoZ points awarded for this answer. Comment: "Many thanks"
10 hrs

Exempted value

I'm basing this on the fact that L&H contains "friholdelsesværdi", which it translates as "value of exemption". I don't think I've come across it before so this is just a lead in case it helps you.
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