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German to English translations [PRO] Bus/Financial - Insurance | | German term or phrase: anteiliger Umsatz | Context: insurance policy
Fuer Lieferungen von Produkten der Fa. XXX gilt die Deckungssumme auf EUR XXX je Versicherungsfall und Versicherungsjahr erhoeht. Der Praemiensatz betraegt fuer *den anteiligen Umsatz* 7.2% bei einer Mindestpraemie von EUR XXX p.a.
TIA |
| Julia LipelesKudoZ activityQuestions: 185 (none open) ( 3 closed without grading) Answers: 102
| | Local time: 04:28
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| | this part of the turnover/revenue | Explanation: The insurance cover for products from XXX is increased, so the premium payable for these products is higher.
The premium is calculated by a complex formula:
7.2% for the part of the turnover/revenue that is earned with the products of XXX (with a minimum premium of EUR XXX).
A lower rate (6.5%??) for the part of the turnover earned with products from other manufacturers.
It seems that products produced by the XXX company are a bad risk for some reason (quality problems, or perhaps a high risk of theft if these products are especially good or popular). |
| Selected response from: Victor Dewsbery Germany Local time: 10:28
| Grading comment Thank you Victor, that makes sense! 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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1 hr confidence:   this part of the turnover/revenue
Explanation: The insurance cover for products from XXX is increased, so the premium payable for these products is higher.
The premium is calculated by a complex formula:
7.2% for the part of the turnover/revenue that is earned with the products of XXX (with a minimum premium of EUR XXX).
A lower rate (6.5%??) for the part of the turnover earned with products from other manufacturers.
It seems that products produced by the XXX company are a bad risk for some reason (quality problems, or perhaps a high risk of theft if these products are especially good or popular).
| Victor Dewsbery Germany Local time: 10:28 Native speaker of: English PRO pts in category: 23
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| | Grading comment | Thank you Victor, that makes sense! |
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