KR_8486 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/KR 8486
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | KR_8486
|
| The country a linked concept is active or generally relevant for. Country scope | KR (South Korea) |
| Language-specific name. Monolingual name | 변액보험 (ko), Variable Insurance (en) |
| Informal and comprehensive human-readable definition of a concept. Description | Byeonaek boheom denotes Korean variable insurance, a life insurance product whose benefits vary with the performance of a separate investment account. Premiums are invested in funds chosen by the policyholder, who bears the investment risk. The separate account assets are segregated from the insurer's general assets. It is regulated as both an insurance product and an investment product. |
Mapped controlled vocabulary terms
| Category:ReferenceDataTerm | Technical name | Data source | Description | Parent concept |
|---|---|---|---|---|
| EO0G (LEI) | EO0G | LEI (data source) | 변액보험 (Korean), ByeonAcBoHeom (transliterated Korean) | EntityLegalFormCode (LEI) |