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Glossary entry

Italian term or phrase:

Sinistro di punta

English translation:

Excess of Loss claim

Added to glossary by Ivana UK
Sep 18, 2010 16:08
13 yrs ago
1 viewer *
Italian term

Sinistro di punta

Italian to English Bus/Financial Insurance
Sinistro di punta
Evento dannoso di dimensioni superiori alla media, che supera la capacità di ritenzione del danno da parte della compagnia.

Excess of loss claim?

Discussion

Ivana UK (asker) Sep 18, 2010:
The document also refers to 'eccesso sinistri' (excess of loss)

Proposed translations

+2
9 hrs
Selected

Catastrophe Insurance/Excess of Loss policies


Protection against higher levels of client default

Also known as Catastrophe Insurance, Excess of Loss policies tend to be taken out by medium to large companies who can afford to sustain a ‘reasonable’ level of bad debt. So cover only becomes effective once a pre-agreed aggregate of debts has accrued.

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Note added at 9 ore (2010-09-19 01:27:03 GMT)
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Hi Ivana,
sorry I forgot the following link

http://www.reynoldsinsure.com/Trade_Credit/Excess_of_Loss-In...

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Note added at 9 ore (2010-09-19 01:27:58 GMT)
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Hi Ivana, sorry I forgot the following link

http://www.reynoldsinsure.com/Trade_Credit/Excess_of_Loss-In...
Peer comment(s):

agree Oscar Romagnone : il concetto è questo ma direi piuttosto "exceptional damage"...vedi ad es. il punto iii in fondo a pagina 7 http://www.mikeigbokwe.com/mikework/cargo insurance and excl...
23 hrs
Grazie Oscar. Anche per la tua precisazione
agree Peter Cox
1 day 1 hr
Thanks indeed Peter
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks for confirming - went for excess of loss claim (catastrophe insurance appears as a separate type of claim)."
4 mins

excess accident

not sure though...

finweb.rit.edu/grms/forms/studentexcessaccident.pdf
http://www.sadlersports.com/blog/index.php/2009/01/08/excess...
Something went wrong...
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