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13:38 Sep 4, 2015 |
Portuguese to English translations [PRO] Bus/Financial - Insurance | |||||||
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| Selected response from: Adolfo Fulco Argentina Local time: 13:09 | ||||||
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Summary of answers provided | ||||
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3 +1 | mandatory percentage deductible |
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3 | the insured's > (marine/life) assured's > compulsory > excess contribution > (reins.) deductible |
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2 | compulsory insurance contribution |
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mandatory percentage deductible Explanation: http://www.kellernational.com/understanding-percent-deductib... *Deductibles are the portion of the claim that you, as the property owner, are responsible for paying. The percent deductible is a common deductible that has been included on many policies...* |
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the insured's > (marine/life) assured's > compulsory > excess contribution > (reins.) deductible Explanation: In the UK, excess in routinely used in motor etc. insurance and - in reinsurance - is usually called a deductibe for the ins. co.'s quota share contribution to a large-cale loss. Note the re/insurance terms of art IMO change, depending on the type of inusrance or life/fire etc. 'assurance'. NB mandatory percentage deductible in the web ref. Reference: http://www.proz.com/kudoz/portuguese_to_english/insurance/56... |
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compulsory insurance contribution Explanation: suggestion |
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