Betekenis van:
term insurance

Voorbeeldzinnen

1. Other direct insurance covers all other forms of casualty insurance. Included are term life insurance; accident and health insurance (unless these are provided as part of government social security schemes); marine, aviation and other transport insurance, fire and other property damage, pecuniary loss insurance, general liability insurance and other insurance, such as travel insurance and insurance related to loans and credit cards.
2. The insurance and the credit institutions' insurance framework shall meet the following conditions:(a) the insurance policy must have an initial term of no less than one year.
3. Therefore, the measure cannot be assessed under the Communication on short-term export-credit insurance.
4. This is in accordance with the communication on short-term export-credit insurance.
5. In case N 488/06 the same declarations were relevant, since that measure concerned short-term export-credit insurance;
6. Chapter 17A of the State Aid Guidelines, ‘Short-term export credit insurance’ shall be amended as follows:
7. Term life insurance, where benefits are provided in the case of death but in no other circumstances, is a form of direct insurance, and is excluded here and included in Other direct insurance (code 256).
8. The methodology for recognising insurance shall capture the following elements through discounts or haircuts in the amount of insurance recognition:(a) the residual term of an insurance policy, where less than one year, as noted above;
9. Hungary claims that the rules concerning medium and long-term export-credit [5] apply to export-credit insurance, guarantees and refinancing as well.
10. Council Directive 98/29/EC of 7 May 1998 on harmonisation of the main provisions concerning export-credit insurance for transactions with medium and long-term cover.
11. Term life insurance, where benefits are provided in the case of death but in no other circumstances, is a form of direct insurance, and is excluded here and included in Other direct insurance (code 256). Pension funds are separate funds established for the purpose of providing income on retirement for specific groups of employees.
12. Since the measure cannot be assessed under the Communication on short-term export-credit insurance, it has to be established whether it can be considered State aid within the meaning of Article 87(1) of the EC Treaty [7].
13. In the decision initiating the procedure, the Commission stated that no insurer or financial institution currently offered the precise type of insurance as that offered by Coface in the present case, i.e. insurance against a payment default by TVO in the long term.
14. The recipient argued that the Export Credit Insurance Corporation guarantee scheme is a self-financing system in which, over the long term, premiums collected exceed risks covered and amounts actually paid out. The recipient described the conditions in which the Export Credit Insurance Corporation issues these guarantees (premiums and type of collateral required).
15. In particular, it stated that the production guarantees provided to the yard by the Export Credit Insurance Corporation did not constitute State aid. The recipient argued that the Export Credit Insurance Corporation guarantee scheme is a self-financing system in which, over the long term, premiums collected exceed risks covered and amounts actually paid out.