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| 19:09 Jun 20, 2019 |
| Spanish to English translations [PRO] Bus/Financial - Insurance / loans and credit | |||||||
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| 4 | Accumulation of cover |
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| 3 | amount |
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| 3 | (ins.) aggregate limit (for separate or consolidated credit facilities) |
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Answers
33 mins confidence: 
amount Explanation: https://www.linguee.com/spanish-english/translation/cúmulo.h... |
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1 hr confidence:
(ins.) aggregate limit (for separate or consolidated credit facilities) Explanation: 1. Could be an aggregate e.g. risk limit. 2. cúmulo de seguros can sometimes mean double (over-) insurance, so two or more policies taken out on the same risk. 3. the context of credits /credit facilities connotes to me that there is an aggregate cap for separate loans and advances or consolidated loans. Example sentence(s):
Reference: http://www.fundacionmapfre.org/fundacion/es_es/publicaciones... Reference: http://www.linguee.es/ingles-espanol/traduccion/debt+consoli... |
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1230 days confidence:
| cúmulo (in an insurance contract/policy terms) Accumulation of cover Explanation: According to: https://www.lawinsider.com/clause/accumulation-of-cover - "accumulation of cover. Where the amount insured in good faith by one or more policies with the same insurer exceeds the insurable interest, either party shall have the right to reduce it accordingly". So it isn't a limit to sums payable but rather doubling up on insurance for the same risk. https://www.lawinsider.com/clause/accumulation-of-cover |
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