Glossary entry (derived from question below)
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 | Adrian MM. (X) |
3 | Exempted value | Helen Johnson |
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?
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
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.
Something went wrong...