Depotsikring

English translation: deposit protection

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:Depotsikring
English translation:deposit protection
Entered by: Michele Fauble

14:12 Sep 20, 2021
Danish to English translations [PRO]
Bus/Financial - Insurance
Danish term or phrase: Depotsikring
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/
Olav Balslev
Denmark
Local time: 18:18
deposit protection
Explanation:
the market-linked benefit stream Bu includes for example deposit protection (depotsikring),
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2607926
Selected response from:

Michele Fauble
United States
Local time: 09:18
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3deposit protection
Michele Fauble
3Endowment insurance > payable to nominated beneficiaries
Adrian MM.


  

Answers


4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
deposit protection


Explanation:
the market-linked benefit stream Bu includes for example deposit protection (depotsikring),
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2607926

Michele Fauble
United States
Local time: 09:18
Native speaker of: Native in EnglishEnglish
PRO pts in category: 23
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6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Endowment insurance > payable to nominated beneficiaries


Explanation:
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.

Example sentence(s):
  • 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: http://www.tataaia.com/blogs/life-insurance/why-must-you-sel...
    Reference: http://www.pplus.dk/pension/vores-pensioner-og-forsikringer
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
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