Liberación de gastos
English translation: defense outside limits (of liability)
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
|---|---|---|---|---|---|---|
|
| 10:30 Oct 4, 2001 |
| Spanish to English translations [PRO] Bus/Financial - Insurance | |||||||
|---|---|---|---|---|---|---|---|
|
| ||||||
|  Selected response from: Nikki Graham United Kingdom Local time: 13:07 | ||||||
Grading comment
| |||||||
Answers
12 mins confidence: 
Release from expenses Explanation: Will this do it for you? Exp. |
| |
| Login to enter a peer comment (or grade) | ||
44 mins confidence:
liquidation of expenses (included) Explanation: I.e., any expenses of the type incurred are included and cannot be charged apart, as I understand. Otherwise, I am unable to locate a specific glossary for this. |
| |
| Login to enter a peer comment (or grade) | ||
4 hrs confidence:
Charge release Explanation: Gastos is more frequently use as charges in English. SAP Glossary |
| |
| Login to enter a peer comment (or grade) | ||
5 hrs confidence:
expenses clearance/ settlement Explanation: espero que te sirva |
| |
| Login to enter a peer comment (or grade) | ||
21 hrs confidence:
defense outside limits (of liability) Explanation: Given that: Liberación de Gastos La garantía de responsabilidad civil se entenderá liberada de cualquier deducción por gastos judiciales o extrajudiciales, que, como consecuencia de la tramitación del expediente del siniestro se hayan producido a la aseguradora, cuando aquellos gastos sumados a la indemnización satisfecha escedan de la citada garantía. I eventually came across this: DEFENSE COVERAGE Defense or supplementary payments can be handled in two ways. The first option is commonly known as "defense outside the limits of liability." This is the most desirable option. Suppose you are undergoing a lawsuit. If your policy provides defense outside limits, then the legal cost to defend (lawyers' fees and court costs) do not erode or effect your policy limits. The policy limits only apply to damages that may be incurred. The second option is commonly known as "defense inside limits of liability." This means that the policy limits as stated on your policy are the total costs that the insurance company will pay on your behalf for any given loss, legal costs and damages. have also come across "defense costs paid in addition (to the limit of liability). Both came up with about 25 hits each in Google Attaching two insurance glossaries - the first has the term. Reference: http://www.aigdirect.com/glossary/glossary.cfm Reference: http://www.insurancenoodle.com/glossary.asp |
| |
Grading comment
| ||
| 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.
KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.
See also:
Search millions of term translations