Glossary entry (derived from question below)
Spanish term or phrase:
concurrencia de capitales
English translation:
concurrent insurance/policies
Added to glossary by
Justin Peterson
Aug 1, 2021 18:43
2 yrs ago
22 viewers *
Spanish term
concurrencia de capitales
Spanish to English
Bus/Financial
Insurance
On an insurance form, followed by: companía, poliza, capitales, garantía afectada
CONCURRENCIA DE CAPITALES
CONCURRENCIA DE CAPITALES
Proposed translations
(English)
Proposed translations
1 hr
Selected
concurrent insurance/policies
Concurrent insurance is having more than one policy for the same risk. It is not as highly regulated in the UK as in Spain.
4 KudoZ points awarded for this answer.
Comment: "Thx"
+1
2 hrs
double benefits insured or assured
The insurance term of art is double insurance, the sums being either insured or - if life, fire or marine - assured twice over.
Example sentence:
IATE: insurance [FINANCE] COM es concurrencia de pensiones COM en accumulation of pensions COM
Peer comment(s):
agree |
Luis M. Sosa
: We lack enought context, but I think your are in the right direction.
20 hrs
|
Gracias de nuevo and thanks de novo, Luis, this question harking back to other 'capitales' of 'sums insured' we have been at one over.
|
-1
6 hrs
the capital raised
The insurance company has a policy on the affected guarantee of the capital raised.
SP: La empresa de las aseguraciones tiene polizas sobre las garantías afectadas del capital levantado, sea la concurrencia de capitales.
SP: La empresa de las aseguraciones tiene polizas sobre las garantías afectadas del capital levantado, sea la concurrencia de capitales.
Peer comment(s):
disagree |
insighted
: What the heck does your answer have to do with the question???
7 hrs
|
-1
8 hrs
competition among the amounts of insured capital
capital= capital asegurago = insured capital
El capital asegurado, en el ámbito de los seguros, es el límite máximo de indemnización en caso de siniestro. Dicho importe surge del acuerdo entre la compañía aseguradora y su cliente.
El cálculo del capital asegurado varía según el tipo de póliza. Por ejemplo, si la protección es contra incendios, se toma como referencia el valor aproximado de los objetos beneficiados por la cobertura.
Fuente: https://economipedia.com/definiciones/capital-asegurado.html
The insured capital, in the field of insurance , is the maximum compensation limit in the event of an accident. This amount arises from the agreement between the insurancecompany and its client.
The calculation of the insured capital varies according to the type of policy . For example, if the protection is against fire, the approximate value of the objects benefited by the coverage is taken as reference.
Source: https://notesread.com/insured-capital/
El capital asegurado, en el ámbito de los seguros, es el límite máximo de indemnización en caso de siniestro. Dicho importe surge del acuerdo entre la compañía aseguradora y su cliente.
El cálculo del capital asegurado varía según el tipo de póliza. Por ejemplo, si la protección es contra incendios, se toma como referencia el valor aproximado de los objetos beneficiados por la cobertura.
Fuente: https://economipedia.com/definiciones/capital-asegurado.html
The insured capital, in the field of insurance , is the maximum compensation limit in the event of an accident. This amount arises from the agreement between the insurancecompany and its client.
The calculation of the insured capital varies according to the type of policy . For example, if the protection is against fire, the approximate value of the objects benefited by the coverage is taken as reference.
Source: https://notesread.com/insured-capital/
Peer comment(s):
neutral |
Luis M. Sosa
: Where does competition come in here
15 hrs
|
disagree |
AllegroTrans
: "cimpetition among the amounts of insured capital" really makes zero sense
2 days 18 hrs
|
9 hrs
duplicate coverage of insured capital
Duplicate coverage is having more than one insurance policy (from different companies) that covers an event, e.g. to have two auto insurance policies and file a claim on both of them regarding the same accident. Explanation: If you are paying two distinct policies, you are just paying for redundant coverage.
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Note added at 9 hrs (2021-08-02 04:35:51 GMT)
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Insured Capital is the maximum amount established for each coverage, to be paid by OMINT Seguros in the event of an event covered by this insurance. The value of the Insured Capital of each of the contracted coverage will be included in the Insurance Policy.
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Note added at 9 hrs (2021-08-02 04:35:51 GMT)
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Insured Capital is the maximum amount established for each coverage, to be paid by OMINT Seguros in the event of an event covered by this insurance. The value of the Insured Capital of each of the contracted coverage will be included in the Insurance Policy.
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