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assurantiepenningen

English translation: insurance proceeds

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:assurantiepenningen
English translation:insurance proceeds
Entered by: Anne Key
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19:54 Mar 18, 2007
Dutch to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Dutch term or phrase: assurantiepenningen
I am currently translating the GENERAL CONDITIONS OF SALES for a Dutch company, and am struggling to find an appropriate translation for the term "gesubstitueerd door assurantiepenningen".

The context is as follows:

"Koper is verplicht de goederen afdoende te verzekeren en verzekerd te houden tegen de gebruikelijke risico's totdat volledige betaling aan verkoper heeft plaatsgevonden. Dat geldt ook voor transportrisico's indien koper - met instemming van verkoper - de goederen af magazijn verkoper geleverd heeft gekregen. Bij teniet gaan van de goederen worden de goederen geacht te zijn gesubstitueerd door assurantiepenningen."

A. Van den End suggests the translation "insurance money", is this correct, but this term seems a little 'awkward' in this context.

All suggestions welcome, KudoZ points will be awarded within 72 hours.

Many thanks,

Anne
Anne Key
Local time: 05:23
insurance proceeds
Explanation:
Insurance money [or insurance moneys] could also be used here.
Selected response from:

Neil Crockford
Local time: 05:23
Grading comment
Very helpful answer, just what I was looking for - many thanks!
3 KudoZ points were awarded for this answer

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Summary of answers provided
4insurance proceedsNeil Crockford


  

Answers


3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
insurance proceeds


Explanation:
Insurance money [or insurance moneys] could also be used here.

Neil Crockford
Local time: 05:23
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 6
Grading comment
Very helpful answer, just what I was looking for - many thanks!
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