Glossary entry

Dutch term or phrase:

eigenrisicodragerschap

English translation:

self-insurance

Added to glossary by CI95
Apr 20, 2006 21:36
18 yrs ago
Dutch term

Eigenrisicodragerschap

Dutch to English Bus/Financial Insurance general ledger terms
This term actually appears in a list of general ledger items as "ER-WAO", which, according to Net research, refers to "Eigenrisicodragerschap WAO". Suggestions anyone? TIA. Cheers, R.
Proposed translations (English)
3 +1 self-insurance
3 +2 opt out from WAO

Proposed translations

+1
28 mins
Selected

self-insurance



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Note added at 32 mins (2006-04-20 22:08:25 GMT)
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I agree with Andre but this may be an option if you specifically want a noun rather than verb

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Note added at 11 hrs (2006-04-21 09:10:02 GMT)
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The following reference may be of some help:

Self-insurance for the Return to Work (Partially Disabled) Regulations (WGA)
……….
If you are self-insured for the WAO on 28 December 2005 and you took on this risk before 1 January 2005, by law you will become self-insured for the WGA. This does not apply if you notified the Employee Insurance Agency (UWV) of your intention to terminate WAO self-insurance as from 1 January 2006 by 1 October 2005 at the latest.
http://www.belastingdienst.nl/variabel/buitenland/en/buitenl...
Peer comment(s):

agree Andre de Vries : I believe that this also includes your employer paying to a private insurance scheme - but you can't argue with the translation
11 hrs
thanks Andre
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Yes, I was looking preferably for a noun construction. Thanks, folks. Cheers, R."
+2
8 mins

opt out from WAO

persons who don't wish to pay contributions to cover incapacity benefit can opt out or choose to take out private insurance cover
Peer comment(s):

agree CI95 : but prefer opt out OF
24 mins
thanks - I stand corrected
agree Gordon Park : Yes, in English you 'opt out OF' something or other
10 hrs
Something went wrong...
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