Glossary entry (derived from question below)
English term or phrase:
Non-qualifying loss
Croatian translation:
nepokriveni gubitak
Added to glossary by
ria05
Nov 25, 2013 22:15
10 yrs ago
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English term
Non-qualifying loss
English to Croatian
Bus/Financial
Insurance
Insurance policy - Additi
X is only liable to indemnify a loss when the total of insured receivables due from one and the same Buyer exceeds the non-qualifying loss at the time the Insured Event occurs. The non-qualifying loss is specified in the Schedule.
Proposed translations
(Croatian)
| 4 +1 | nepokriveni gubitak |
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nepokriveni gubitak
Claims threshold (Non qualifying loss, Threshold) The amount below which losses do not qualify for indemnification and are to be kept by the insured for his own account.
You can also have a Threshold (or Non Qualifying Loss) which means any claim below the nominated figure does not qualify as a claim.
http://www.tradecredit.co.nz/faqs.html
You can also have a Threshold (or Non Qualifying Loss) which means any claim below the nominated figure does not qualify as a claim.
http://www.tradecredit.co.nz/faqs.html
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