cotización

English translation: premium

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:cotización
English translation:premium
Entered by: Robert Forstag

14:14 Jan 13, 2014
Spanish to English translations [PRO]
Law/Patents - Insurance / Insurance policy for medical supply company
Spanish term or phrase: cotización
The term occurs repeatedly in an insurance policy for a medical supply company, and clearly refers to the monetary amount due in payment for said policy. The glossary offers numerous entries with the translation "quote", "quotation," "price" or "rate," none of which seem to fit here. What does seem to intuitively fit is "premium" (which, at least in the glossaries on this site, is typically translated "prima").

For some context, here are a series of headers and sub-headers in the policy (written in Peninsular Spanish):

Modalidades de la determinación de la cotización neta anual

Disposiciones aplicables a los contratos cuya cotización está basada en un elemento variable

Cotización ajustable

Cotización provisional

***
Thank you.
Robert Forstag
United States
Local time: 08:47
premium
Explanation:
Insurance Demystified - Reading Beyond The Lexicon
books.google.co.uk/books?isbn=817881711X
Kailash Chandra Mishra - 2005 - ‎Insurance
Adjustable Rate: A percentage rate prescribed for calculation of the premium for ... A provisional premium is collected in advance as a deposit and adjusted at the ... amount is equal to the policy's valuation net annual premium plus an amount ...
Selected response from:

liz askew
United Kingdom
Local time: 13:47
Grading comment
Thank you, Liz. Thanks also to Mariela.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2premium
liz askew
Summary of reference entries provided
Cotización
Mariela Diaz-Butler
Does it include taxes?
Alicia Orfalian

Discussion entries: 1





  

Answers


14 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
premium


Explanation:
Insurance Demystified - Reading Beyond The Lexicon
books.google.co.uk/books?isbn=817881711X
Kailash Chandra Mishra - 2005 - ‎Insurance
Adjustable Rate: A percentage rate prescribed for calculation of the premium for ... A provisional premium is collected in advance as a deposit and adjusted at the ... amount is equal to the policy's valuation net annual premium plus an amount ...

liz askew
United Kingdom
Local time: 13:47
Native speaker of: Native in EnglishEnglish
PRO pts in category: 52
Grading comment
Thank you, Liz. Thanks also to Mariela.

Peer comments on this answer (and responses from the answerer)
agree  Patricia Fierro, M. Sc.
34 mins

agree  eVeritas
2 days 8 hrs
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Reference comments


13 mins peer agreement (net): +2
Reference: Cotización

Reference information:
La cotización del seguro es la estimación o costo de la prima de seguros que ofrece la aseguradora al asegurado.


    Reference: http://www.seguros.es/guias/contrato-de-seguro/cotizacion.ht...
Mariela Diaz-Butler
United States
Native speaker of: Native in SpanishSpanish
PRO pts in category: 4
Note to reference poster
Asker: Thank you, Mariela. It seems hard to conceive it as meaning anything else in such a context. Thanks also for your clarification yesterday re "siniestro."


Peer comments on this reference comment (and responses from the reference poster)
agree  ANA IVETTE DE BURGOS: Premium is the closest
1 hr
agree  philgoddard
2 hrs
Login to enter a peer comment (or grade)

8 hrs
Reference: Does it include taxes?

Reference information:
You might find this discussion interesting:

http://www.proz.com/kudoz/spanish_to_english/insurance/27552...

Alicia Orfalian
Argentina
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 64
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