Glossary entry (derived from question below)
Danish term or phrase:
Depotsikring
English translation:
deposit protection
Added to glossary by
Michele Fauble
Sep 20, 2021 14:12
2 yrs ago
7 viewers *
Danish term
Depotsikring
Danish to English
Bus/Financial
Insurance
I have found the correct definition - basically there is assurance that your money from the insurance will be passed on to your next-of-kin, but am struggling to find the insurance technical term.
https://www.pensionsordbogen.dk/depotsikring/
https://www.pensionsordbogen.dk/depotsikring/
Proposed translations
(English)
3 | deposit protection | Michele Fauble |
3 | Endowment insurance > payable to nominated beneficiaries | Adrian MM. |
Change log
May 11, 2022 18:09: Michele Fauble Created KOG entry
Proposed translations
4 hrs
Selected
deposit protection
the market-linked benefit stream Bu includes for example deposit protection (depotsikring),
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2607926
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2607926
4 KudoZ points awarded for this answer.
6 hrs
Endowment insurance > payable to nominated beneficiaries
My notes written into Bailey's DAN/ENG finance dictionary post-1989 edition: Private pension > collateralis/zing the ring-fenced pension pot vs. general pension fund; social security> hedging of survivor's benefit.
Greenland Government website: Depotsikring i opsparingsperioden > English version: 0.
Greenland Government website: Depotsikring i opsparingsperioden > English version: 0.
Example sentence:
It will help you in securing the future of your children, especially in your absence. Your endowment fund gets shifted to your beneficiaries in case of an eventuality of you, the policyholder.
An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death.
Reference:
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