Período de Descoberto

English translation: extended reporting period

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:Período de Descoberto
English translation:extended reporting period
Entered by: Douglas Bissell

16:06 Dec 2, 2017
Portuguese to English translations [PRO]
Bus/Financial - Insurance
Portuguese term or phrase: Período de Descoberto
É o período seguinte ao termo do período de seguro, expresso nas Condições Particulares, e durante o qual a apólice continuará a ser competente para dar cobertura a reclamações contra o segurado nos termos estabelecidos no presente contrato.
Douglas Bissell
Portugal
Local time: 10:26
extended reporting period
Explanation:
From Douglas's second explanation, I think this is it.


https://www.thebalance.com/what-is-an-extended-reporting-per...

https://www.williamsunderwritinggroup.com/wy_extendedreporti...

https://www.lloyds.com/common/help/glossary?Letter=E

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Note added at 2 days 23 hrs (2017-12-05 15:48:19 GMT)
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Also called "tail coverage", in the context of liability insurance for attorneys in the US, e.g.,

“Tail” Coverage: A lawyer’s exposure for claims arising from work done during a particular policy period extends well past the expiration of the policy period, since such a claim may not be made for several years after the work is performed. This exposure is often referred to as “tail exposure”, because it trails the attorney like a tail trails an animal. “Tail coverage” is generally referred to as the coverage for this exposure provided under an Extended Reporting Period (ERP) or ERC, supra.

https://tinyurl.com/yd7nom3b
Selected response from:

T o b i a s
Grading comment
Thank you
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Liability insurance only, after Comprehensive Cover expired
Gilmar Fernandes
4 +1grace period
Oliver Simões
3 +1extended reporting period
T o b i a s


Discussion entries: 15





  

Answers


32 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Liability insurance only, after Comprehensive Cover expired


Explanation:
http://www.businessdictionary.com/definition/liability-insur...

Policy that covers civil liabilities to third parties, arising from bodily injury, property damage, or other wrongs due to the action or inaction of the insured. It covers only civil liabilities and not criminal liabilities.

http://www.businessdictionary.com/definition/comprehensive-i...

Widest form of auto insurance protection that (in case of a collision, fire, or theft) covers the (1) insured driver and vehicle, (2) third-party driver and vehicle, and (3) third-party property. Premium is computed usually on the engine size and value of the vehicle, its intended use, and the age and driving record of the driver. Also called comprehensive cover or fully comprehensive insurance.

Gilmar Fernandes
United States
Local time: 06:26
Native speaker of: Native in PortuguesePortuguese, Native in EnglishEnglish
PRO pts in category: 127

Peer comments on this answer (and responses from the answerer)
agree  Mario Freitas:
5 hrs
  -> Thank you Mário :)
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41 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
grace period


Explanation:
I would call it ''grace period".

"A grace period is the provision in most loan and insurance contracts that allows payment to be received for a certain period of time after the actual due date. During this period, no late fees are charged, and the late payment does not result in default or cancellation of the loan. A typical grace period is 15 days."


    https://www.investopedia.com/terms/g/grace_period.asp#ixzz507gwpsFk
Oliver Simões
United States
Local time: 03:26
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Richard Purdom
2 days 18 hrs
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20 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
período de descoberto
extended reporting period


Explanation:
From Douglas's second explanation, I think this is it.


https://www.thebalance.com/what-is-an-extended-reporting-per...

https://www.williamsunderwritinggroup.com/wy_extendedreporti...

https://www.lloyds.com/common/help/glossary?Letter=E

--------------------------------------------------
Note added at 2 days 23 hrs (2017-12-05 15:48:19 GMT)
--------------------------------------------------

Also called "tail coverage", in the context of liability insurance for attorneys in the US, e.g.,

“Tail” Coverage: A lawyer’s exposure for claims arising from work done during a particular policy period extends well past the expiration of the policy period, since such a claim may not be made for several years after the work is performed. This exposure is often referred to as “tail exposure”, because it trails the attorney like a tail trails an animal. “Tail coverage” is generally referred to as the coverage for this exposure provided under an Extended Reporting Period (ERP) or ERC, supra.

https://tinyurl.com/yd7nom3b

T o b i a s
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Grading comment
Thank you

Peer comments on this answer (and responses from the answerer)
agree  Gilmar Fernandes: You hit the nail on the head!
1 day 5 hrs
  -> Still hammering. Grato...
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