Glossary entry (derived from question below)
Englisch term or phrase:
life products
Deutsch translation:
Lebensversicherungs-Produkte
Added to glossary by
Silke44
Apr 23, 2017 11:04
7 yrs ago
Englisch term
life products
Englisch > Deutsch
Wirtschaft/Finanzwesen
Versicherungen
Non-Claims - Unlike life products, general insurance policies do not have investment features and are not associated with large lump-sum payments of premiums up-front to cover periods of multiple year periods of 3 years or more. As such, the risk of the premium payment mechanism on general insurance products being used as a tool for money-laundering or terrorist financing is deemed generally low. That said, there are specific situations which may raise suspicion that XXX Austria, Germany and Switzerland is being targeted for money-laundering. These situations are identified by a series of “Red Flags.” Where a Red Flag arises, certain steps must be taken in order to protect XXX’s position (as identified in the Money Laundering Red Flag table).
Proposed translations
(Deutsch)
| 4 +3 | Lebensversicherungs-Produkte |
Regina Eichstaedter
|
Change log
Apr 23, 2017 12:16: Murad AWAD changed "Field" from "Sonstige" to "Wirtschaft/Finanzwesen"
Proposed translations
+3
5 Min.
Regina Eichstaedter
Native in Deutsch
Language is never innocent
Native in: Deutsch 
Works in: Italienisch > Deutsch, Englisch > Deutsch
Related KudoZ points
:
16
Selected
Lebensversicherungs-Produkte
schönen Sonntag!
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Note added at 7 mins (2017-04-23 11:11:51 GMT)
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http://www.ipanema-capital.com/en/research/life-insurance-pr...
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Note added at 7 mins (2017-04-23 11:12:40 GMT)
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In Germany, this type of insurance is called Risikolebensversicherung. However, when Germans talk about Lebensversicherung, in most cases they refer to a different product, more precisely called Kapitallebensversicherung. A Risikolebensversicherung is a simple insurance against the risk of death, while the Kapitallebensversicherung combines this with a capital savings plan, which is paid out to the policy holder at a given date, typically the statutory retirement age.
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Note added at 7 mins (2017-04-23 11:11:51 GMT)
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http://www.ipanema-capital.com/en/research/life-insurance-pr...
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Note added at 7 mins (2017-04-23 11:12:40 GMT)
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In Germany, this type of insurance is called Risikolebensversicherung. However, when Germans talk about Lebensversicherung, in most cases they refer to a different product, more precisely called Kapitallebensversicherung. A Risikolebensversicherung is a simple insurance against the risk of death, while the Kapitallebensversicherung combines this with a capital savings plan, which is paid out to the policy holder at a given date, typically the statutory retirement age.
4 KudoZ points awarded for this answer.
Comment: "Vielen Dank"
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