Nov 16, 2023 10:27
11 mos ago
28 viewers *
Spanish term
por orden preferente y excluyente
Spanish to English
Bus/Financial
Insurance
life insurance beneficiary
I'm not sure what excluyente means here, can anyone shed any light, please? Many thanks.
En caso de fallecimiento del asegurado, por orden preferente y excluyente:
1. El cónyuge o la pareja de hecho inscrita legalmente
2. Los hijos del asegurado
En caso de fallecimiento del asegurado, por orden preferente y excluyente:
1. El cónyuge o la pareja de hecho inscrita legalmente
2. Los hijos del asegurado
Proposed translations
(English)
3 +3 | by order of preference | Helena Chavarria |
3 +1 | ranking in overarching order of priority | Adrian MM. |
4 | exclusive order of preference | María López-Contreras Conde |
References
Definition | Helena Chavarria |
Proposed translations
+3
36 mins
Selected
by order of preference
Beneficiary Order of Precedence
If there isn't a valid designation on file when you die, benefits are payable in this order:
First: to your widow or widower
Second: if none, to your child or children in equal shares, with the share of any deceased child distributed among that child's descendants
Third: if none, to your parents in equal shares or the entire amount to your surviving parent
Fourth: if none, to the executor or administrator of your estate
Fifth: if none, to your next of kin under the laws of the State where you lived at the time of your death.
https://www.opm.gov/healthcare-insurance/life-insurance/desi...
Preference Beneficiary Clause
If you haven't nominated a beneficiary in your policy, your insurance company will disburse the life insurance money to the individuals listed in your policy. Presume that the order of priority in your policy is as follows:
Your spouse
Your children
Your parents.
If the proceeds are distributed, they will go to the first living individual which, in most cases, will be your spouse.
https://www.investopedia.com/articles/pf/06/lifeinsurancecla...
6.06 BENEFICIARY(IES) NOT DESIGNATED
Members must name a specific beneficiary. If a member does not designate a beneficiary, the insurance will automatically be paid in the following order of precedence:
a. The surviving spouse of the member; if none,
b. The child or children of the member, in equal shares, with the share of any deceased children to be distributed among the descendants of that child; if none,...
https://benefits.va.gov/INSURANCE/resources_handbook_ins_cha...
Also, order of priority
I can't find any references that include 'exclusion/excluding'.
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Note added at 40 mins (2023-11-16 11:07:34 GMT)
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Sorry, my answer should have been 'order of precedence'. While I was writing, I was thinking in Spanish.
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Note added at 1 hr (2023-11-16 11:27:23 GMT)
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I've been looking and for the UK, I think 'order of priority' would be better as 'order of precedence' is used for royalty, the nobility, etc.
Order of precedence in England and Wales
The following is the order of precedence in England and Wales as of November 2023. Separate orders exist for men and women.
Names in italics indicate that these people rank elsewhere—either higher in that table of precedence or in the table for the other sex. Titles in italics indicate the same thing for their holders, or that they are vacant.
Peers and their families make up a large part of these tables. It is possible for a peer to hold more than one title of nobility, and these may belong to different ranks and peerages. A peer derives his precedence from his highest-ranking title; peeresses derive their precedence in the same way, whether they hold their highest-ranking title in their own right or by marriage. The ranks in the tables refer to peers rather than titles: if exceptions are named for a rank, these do not include peers of a higher rank (or any peers at all, in the case of baronets). No exceptions are named for most categories, owing to their large size.
https://en.wikipedia.org/wiki/Order_of_precedence_in_England...
If there isn't a valid designation on file when you die, benefits are payable in this order:
First: to your widow or widower
Second: if none, to your child or children in equal shares, with the share of any deceased child distributed among that child's descendants
Third: if none, to your parents in equal shares or the entire amount to your surviving parent
Fourth: if none, to the executor or administrator of your estate
Fifth: if none, to your next of kin under the laws of the State where you lived at the time of your death.
https://www.opm.gov/healthcare-insurance/life-insurance/desi...
Preference Beneficiary Clause
If you haven't nominated a beneficiary in your policy, your insurance company will disburse the life insurance money to the individuals listed in your policy. Presume that the order of priority in your policy is as follows:
Your spouse
Your children
Your parents.
If the proceeds are distributed, they will go to the first living individual which, in most cases, will be your spouse.
https://www.investopedia.com/articles/pf/06/lifeinsurancecla...
6.06 BENEFICIARY(IES) NOT DESIGNATED
Members must name a specific beneficiary. If a member does not designate a beneficiary, the insurance will automatically be paid in the following order of precedence:
a. The surviving spouse of the member; if none,
b. The child or children of the member, in equal shares, with the share of any deceased children to be distributed among the descendants of that child; if none,...
https://benefits.va.gov/INSURANCE/resources_handbook_ins_cha...
Also, order of priority
I can't find any references that include 'exclusion/excluding'.
--------------------------------------------------
Note added at 40 mins (2023-11-16 11:07:34 GMT)
--------------------------------------------------
Sorry, my answer should have been 'order of precedence'. While I was writing, I was thinking in Spanish.
--------------------------------------------------
Note added at 1 hr (2023-11-16 11:27:23 GMT)
--------------------------------------------------
I've been looking and for the UK, I think 'order of priority' would be better as 'order of precedence' is used for royalty, the nobility, etc.
Order of precedence in England and Wales
The following is the order of precedence in England and Wales as of November 2023. Separate orders exist for men and women.
Names in italics indicate that these people rank elsewhere—either higher in that table of precedence or in the table for the other sex. Titles in italics indicate the same thing for their holders, or that they are vacant.
Peers and their families make up a large part of these tables. It is possible for a peer to hold more than one title of nobility, and these may belong to different ranks and peerages. A peer derives his precedence from his highest-ranking title; peeresses derive their precedence in the same way, whether they hold their highest-ranking title in their own right or by marriage. The ranks in the tables refer to peers rather than titles: if exceptions are named for a rank, these do not include peers of a higher rank (or any peers at all, in the case of baronets). No exceptions are named for most categories, owing to their large size.
https://en.wikipedia.org/wiki/Order_of_precedence_in_England...
Note from asker:
Thanks very much Helena, "in order of priority/precedence" seems to encapsulate it well. Thank you for your help! |
4 KudoZ points awarded for this answer.
Comment: "Many thanks Helena and everyone else"
+1
2 hrs
ranking in overarching order of priority
BTW, it's Life *Assurance*, as headlining the UK ITI Seminar outside Holland Park at the erstwhile Queen Elizabeth College of London Uni., back in 1990.
So, in 2, Los hijos del asegurado would be the *Assured's children.
Excluyente - despite the first, excellent ProZ weblink and Robb's plus Butterworth's unconvincing entries, including 'justifying' - overlaps in part, but not wholly, with exclusivo cf. excluyente de responsabilidad (Mex), West, that avoids a translation thereof ('lesser punishment ... because of extenuationg circumstances'.)
Of course, in 1, 'pareja de hecho inscrita legalmente' is either a legally regd. civil partnership, ('non-existent') Common Law marriage or, in Scots law, a 'marriage by habit and repute' that is supposed to have been abolished, but hasn't been de facto.
Cut to ProZ insurance translators.
So, in 2, Los hijos del asegurado would be the *Assured's children.
Excluyente - despite the first, excellent ProZ weblink and Robb's plus Butterworth's unconvincing entries, including 'justifying' - overlaps in part, but not wholly, with exclusivo cf. excluyente de responsabilidad (Mex), West, that avoids a translation thereof ('lesser punishment ... because of extenuationg circumstances'.)
Of course, in 1, 'pareja de hecho inscrita legalmente' is either a legally regd. civil partnership, ('non-existent') Common Law marriage or, in Scots law, a 'marriage by habit and repute' that is supposed to have been abolished, but hasn't been de facto.
Cut to ProZ insurance translators.
Example sentence:
Executive Order 245 (2017) created the Governor's Steering Committee on ... overarching priority.
Reference:
http://www.proz.com/kudoz/spanish-to-english/insurance/4810057-preferente-y-excluyente.html
Peer comment(s):
agree |
AllegroTrans
: Despite your mumbo jumbo of an explanation, this is an excellent answer, which deals well with "y excluyente"
1 hr
|
neutral |
philgoddard
: What do you mean by overarching?
1 day 12 mins
|
43 days
exclusive order of preference
This term was discussed before in ProZ. See link below.
Reference:
https://www.proz.com/kudoz/spanish-to-english/insurance/4810057-preferente-y-excluyente.html
Reference comments
26 mins
Reference:
Definition
Qué significa por designar beneficiarios por orden preferente y excluyente en los seguros de vida
Otro concepto que es importante conocer es el de designación de beneficiarios por orden preferente y excluyente. Designar beneficiarios por orden preferente y excluyente significa que la primera persona designada es la beneficiaria y que excluye al resto. Por ejemplo, si en un seguro de vida el tomador ha designado por orden preferente y excluyente a su cónyuge en primer lugar, la beneficiaria será el/la cónyuge actual. Sin en el momento del fallecimiento de asegurado su cónyuge ya hubiese fallecido, los beneficiarios serían los siguientes en la lista. Si fueran, por ejemplo, los herederos legales, la indemnización la cobrarían estos.
https://www.puntoseguro.com/blog/quien-es-el-beneficiario-en...
Otro concepto que es importante conocer es el de designación de beneficiarios por orden preferente y excluyente. Designar beneficiarios por orden preferente y excluyente significa que la primera persona designada es la beneficiaria y que excluye al resto. Por ejemplo, si en un seguro de vida el tomador ha designado por orden preferente y excluyente a su cónyuge en primer lugar, la beneficiaria será el/la cónyuge actual. Sin en el momento del fallecimiento de asegurado su cónyuge ya hubiese fallecido, los beneficiarios serían los siguientes en la lista. Si fueran, por ejemplo, los herederos legales, la indemnización la cobrarían estos.
https://www.puntoseguro.com/blog/quien-es-el-beneficiario-en...
Peer comments on this reference comment:
agree |
AllegroTrans
4 hrs
|
Thank you, AllegroTrans. The definition is clear, though it's not easy to translate into English.
|
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