Glossary entry

Spanish term or phrase:

de los siniestros para los cuales se formula la primera reclamación

English translation:

of the losses for which the first claim is made

Added to glossary by Robert Forstag
Jan 12, 2014 19:41
10 yrs ago
2 viewers *
Spanish term

de los siniestros para los cuales se formula la primera reclamación

Spanish to English Law/Patents Insurance Insurance policy for medical supply company / France
Le garantizamos contra las consecuencias pecuniarias de los siniestros para los cuales se formula la primera reclamación:

[Followed by the listing of a series of limits under which claims will be honored.]

I'm especially puzzled here by the use of both "siniestros" and "reclamación," and by a reference to "la primera reclamación" (does this imply that different rules would apply to the policy after the insured makes "the first claim"?).

Thank you.

Discussion

Adrian MM. (X) Jan 13, 2014:
asker's question: first claim Does this imply that different rules would apply to the policy after the insured makes "the first claim"? - might well do. Depends on the policy and what it says. Some policies give the ins. co. the right - against the policyholder's wishes - to cancel the whole policy after a claim: 'just one shot and NO more!'

Proposed translations

+6
5 hrs
Selected

of the losses for which the first claim is made

siniestro = in insurance lingo, it refers to the loss, or the event that originates a claim. For example, a car accident is a "siniestro" or loss for which you submit a "reclamación" or claim to be reimbursed.

Peer comment(s):

agree Lucas Lyndes
5 hrs
agree Adrian MM. (X)
10 hrs
agree James A. Walsh
12 hrs
agree Claudia Luque Bedregal
13 hrs
agree Alejandro Alcaraz Sintes
20 hrs
agree Maria Kisic
2 days 1 hr
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4 KudoZ points awarded for this answer. Comment: "Thank you, Mariela. Thanks also to Maria-Ines and Tom."
16 hrs

the accident/incident which is the source of the first claim

The reference is to the actual event from which the first claim has arisen... and yes, there are insurance coverages that increase after each claim ... the use of "losses" could be interpreted to refer to the actual damages for which a claim has been submitted. One could have two separate accidents/incidents resulting in the same claimable losses/damages (e.g. burglaries, car accidents, break-ins)
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