13:40 Jan 6, 2019 |
Chinese to English translations [PRO] Law/Patents - Insurance | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Frank Wang China Local time: 08:05 | ||||||
Grading comment
|
insured based on a claims-made policy and not on a claims-made-and-reported basis Explanation: Insured on the basis of claims-made policy and not the one that applies on a claims-made-and-reported basis that is, insured on the basis of an insured event rather than a claim. e.g.: ... is provided for claims resulting from events that occurred prior to that ... A pure claims-made policy is preferable to one that applies on a claims-made-and-reported basis, ... https://www.thebalancesmb.com/claims-made-versus-occurrence-... |
| |
Login to enter a peer comment (or grade) |
to be insured (/to be bought a policy for) on an occurrence basis rather than on a claim-made basis Explanation: http://zlk.qzr.cn/vip/534711.shtml 长期以来各国保险实务中分别以“事故发生型保单(Occurrence Policy)”和“请求提出型保单(Claim Made Policy)”,对责任保险提供两种承保方式,即期内发生式(on an occurrence basis)和期内索赔式(on a claim—made basis)。 -------------------------------------------------- Note added at 1 day 20 hrs (2019-01-08 09:41:05 GMT) Post-grading -------------------------------------------------- Thank you! Lawrence. |
| |
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.