Glossary entry

Danish term or phrase:

tabsdeltagelsesklausal

English translation:

loss participation clause

Added to glossary by Eliza-Anna
Nov 27, 2003 11:56
20 yrs ago
Danish term

tabsdeltagelsesklausal

Danish to English Bus/Financial Insurance Insurance
Den sidste 20% er afdækket som en kvotekontrakt hvor vi afgiver alle præmie og skader under denne del, hvilket igen betyder at disse 20% ikke medfører noget ydeligere selvbehold, bortset fra en tabsdeltagelsesklausal på kr. 0.2 mio
Proposed translations (English)
5 loss participation clause
3 -1 claims contribution clause

Proposed translations

1 hr
Selected

loss participation clause

:o)

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Note added at 1 hr 9 mins (2003-11-27 13:05:59 GMT)
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http://www.insurance-institute.ie/training/bios/6.html
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4 KudoZ points awarded for this answer. Comment: "Thanks for your help! I used your suggestion in my assignment. Hope you have a nice weekend!"
-1
24 mins

claims contribution clause

I have never actually come across this particular clause despite working in the insurance industry for nearly 15 years. Claims contribution clause is my best guess.
Peer comment(s):

disagree Sven Petersson : Please see my answer!
46 mins
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