Glossary entry (derived from question below)
Dutch term or phrase:
verzorgingspremie
English translation:
(mortgage) life insurance premium
Added to glossary by
Willemina Hagenauw
Oct 3, 2006 11:14
17 yrs ago
Dutch term
30+ years experience - accurate and fast
Native in: Dutch 
Works in: English to Dutch, Dutch to English, Flemish to English
verzorgingspremie
Dutch to English
Bus/Financial
Finance (general)
insurance
This is a premium you pay for an insurance you take out with your mortgage. When one of the partners dies, the mortgage will be paid off totally, so that the surviving partner does not have to worry about mortgage payments.
Proposed translations
(English)
| 3 +4 | (mortgage) life insurance premium |
Adam Smith
|
| 3 | debt balance insurance |
Katrien De Clercq
|
Proposed translations
+4
8 mins
Adam Smith
United Kingdom
United Kingdom
Native in English
Works in field
United Kingdom
Medical & legal expertise
Native in: English 
Works in: Dutch to English, Flemish to English, Afrikaans to English, and 1 more.
Related KudoZ points
:
15
Selected
(mortgage) life insurance premium
From your description it sounds like the premium you pay on a (mortgage) life insurance policy:
What is Mortgage Life Insurance?
Mortgage Life Insurance will pay out a cash sum if you die, or are diagnosed with a specified critical illness (at an additional cost) during the plan term, which could help to pay off the outstanding balance of your mortgage.
"Over time, the level of life insurance provided by the plan falls to reflect your reducing mortgage loan, so you are only paying for the cover you need."
ref. http://www.norwichunion.com/mortgage-life-insurance/index.ht...
What is Mortgage Life Insurance?
Mortgage Life Insurance will pay out a cash sum if you die, or are diagnosed with a specified critical illness (at an additional cost) during the plan term, which could help to pay off the outstanding balance of your mortgage.
"Over time, the level of life insurance provided by the plan falls to reflect your reducing mortgage loan, so you are only paying for the cover you need."
ref. http://www.norwichunion.com/mortgage-life-insurance/index.ht...
4 KudoZ points awarded for this answer.
Comment: "Many thanks!"
6 mins
Katrien De Clercq
Native in Dutch
Passion for professionalism!
Native in: Dutch , Flemish
Works in: French to Dutch, English to Dutch, French to Flemish, and 1 more.
debt balance insurance
Bij ons noemt dat een "schuldsaldoverzekering".
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Note added at 12 mins (2006-10-03 11:27:23 GMT)
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http://errwpc.umdl.umich.edu/public/a/s/j/asj4751.2002.031.t...
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Note added at 12 mins (2006-10-03 11:27:23 GMT)
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http://errwpc.umdl.umich.edu/public/a/s/j/asj4751.2002.031.t...
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