Glossary entry (derived from question below)
German term or phrase:
Haftungsstrecke
English translation:
types of liability
Apr 8, 2011 06:06
13 yrs ago
2 viewers *
German term
Haftungsstrecke
German to English
Other
Insurance
Das abgebildete Beispiel zeigt einen Tilgungsplan mit zwei Haftungsstrecken. Die erste beginnt am xxxx, endet am xxxx und umfasst eine Bruttohaftung von x Mio Brazilian Real
Proposed translations
(English)
3 | types of liability |
Raghunathan Rajagopalan
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4 | layer (of liability coverage/protection) |
Adrian MM. (X)
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Proposed translations
23 hrs
Selected
types of liability
It talks about two types / kinds of liability. In short this insurance cover protects the insured from being held for someone else's loss.
Another option is range of liability policies.....
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Types of liability insurance
In many countries, liability insurance is a compulsory form of insurance for those at risk of being sued by third parties for negligence. The most usual classes of mandatory policy cover the drivers of vehicles, those who offer professional services to the public, those who manufacture products that may be harmful, constructors and those who offer employment. The reason for such laws is that the classes of insured are deliberately engaging in activities that put others at risk of injury or loss. Public policy therefore requires that such individuals should carry insurance so that, if their activities do cause loss or damage to another, money will be available to pay compensation. In addition, there are a further range of perils that people insure against and, consequently, the number and range of liability policies has increased in line with the rise of contingency fee litigation offered by lawyers (sometimes on a class action basis). Such policies fall into three main classes:
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Note added at 23 hrs (2011-04-09 05:08:58 GMT)
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Types of liability coverage....
Types of liability insurance...
Another option is range of liability policies.....
------------------------------------
Types of liability insurance
In many countries, liability insurance is a compulsory form of insurance for those at risk of being sued by third parties for negligence. The most usual classes of mandatory policy cover the drivers of vehicles, those who offer professional services to the public, those who manufacture products that may be harmful, constructors and those who offer employment. The reason for such laws is that the classes of insured are deliberately engaging in activities that put others at risk of injury or loss. Public policy therefore requires that such individuals should carry insurance so that, if their activities do cause loss or damage to another, money will be available to pay compensation. In addition, there are a further range of perils that people insure against and, consequently, the number and range of liability policies has increased in line with the rise of contingency fee litigation offered by lawyers (sometimes on a class action basis). Such policies fall into three main classes:
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Note added at 23 hrs (2011-04-09 05:08:58 GMT)
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Types of liability coverage....
Types of liability insurance...
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7 hrs
layer (of liability coverage/protection)
Maybe tranche of liability in a banking context.
Example sentence:
Umbrella Insurance gives an extra layer of liability coverage. Umbrella insurance isn\'t just for the rich and famous. www.travelers.com ›
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