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fiktive Leistung

English translation: notional benefit

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:fiktive Leistung
English translation:notional benefit
Entered by: Daniela Gieseler-Higgs
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20:41 Jan 15, 2008
German to English translations [PRO]
Bus/Financial - Insurance
German term or phrase: fiktive Leistung
Kontext: Die Leistung auf die Haftpflichtsumme ist in der Weise zu berechnen, dass zunächst bei jedem einzelnen Soyius festgestellt wird, wieviel er vom Versicherer zu erhalten hatte, wenn er, ohne Sozius zu sein allein einzutreten hätte (*fiktive Leistung*), und sodann die Summe dieser fiktiven Leistungen durch die Zahl aller Sozien geteilt wird.
Es geht um eine Vermögensschaden-Haftpflichtversicherung für Rechtsanwälte. Bevor ich einfach wörtlich übersetze, würde ich gerne die Versicherungsfachleute unter Euch fragen, ob es einen Fachbegriff dafür gibt - sonst fictitious benefit...? virtual benefit...? Vielen Dank im Voraus!
Daniela Gieseler-Higgs
notional premium
Explanation:
Maybe?

There is also a requirement to make an annual contribution to WorkCover Tasmania and the Nominal Insurer Fund. The amount to be contributed to both funds is explained in Part B of this Application Package in the ‘Guidelines for Notional Premium Calculations’, which can be found in the Self-Insurers Supplement.

The Board has responsibility under the Workers Rehabilitation and Compensation Act 1988 to oversee and ensure the efficient operation of rehabilitation and compensation arrangements in Tasmania. These functions are funded partly by a levy on the actual premium income of licensed insurers and on the notional premium of self-insurers. The notional premium is also used for Nominal Insurer contribution purposes.

http://www.workcover.tas.gov.au/attach/wrcself-insu-3.pdf


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Note added at 40 mins (2008-01-15 21:21:58 GMT)
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Sorry, I guess that should be notional benefit

This product is available in Ireland, which calculates the exact notional benefit to the employee as tax is apportioned dependent on the business mileage completed by the employee and is in line with revenue guidelines through using our unique mileage capture tool.

http://www.themilesconsultancy.co.uk/products.asp
Selected response from:

Kim Metzger
Mexico
Local time: 22:20
Grading comment
2 KudoZ points were awarded for this answer

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Summary of answers provided
3notional premium
Kim Metzger


  

Answers


25 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
notional premium


Explanation:
Maybe?

There is also a requirement to make an annual contribution to WorkCover Tasmania and the Nominal Insurer Fund. The amount to be contributed to both funds is explained in Part B of this Application Package in the ‘Guidelines for Notional Premium Calculations’, which can be found in the Self-Insurers Supplement.

The Board has responsibility under the Workers Rehabilitation and Compensation Act 1988 to oversee and ensure the efficient operation of rehabilitation and compensation arrangements in Tasmania. These functions are funded partly by a levy on the actual premium income of licensed insurers and on the notional premium of self-insurers. The notional premium is also used for Nominal Insurer contribution purposes.

http://www.workcover.tas.gov.au/attach/wrcself-insu-3.pdf


--------------------------------------------------
Note added at 40 mins (2008-01-15 21:21:58 GMT)
--------------------------------------------------

Sorry, I guess that should be notional benefit

This product is available in Ireland, which calculates the exact notional benefit to the employee as tax is apportioned dependent on the business mileage completed by the employee and is in line with revenue guidelines through using our unique mileage capture tool.

http://www.themilesconsultancy.co.uk/products.asp

Kim Metzger
Mexico
Local time: 22:20
Native speaker of: Native in EnglishEnglish
PRO pts in category: 206
Notes to answerer
Asker: Kim, thank you for all your effort, but I'm not sure if this product is the right answer. The insurance policy refers to a third party liability insurance, and I think this paragraph refers to the amount which would be paid if one associate on his own was responsible for an event - but this amount will never be paid, because there are other associates and therefore an average will be paid instead of the calculated 'fictitious' benefit. Hard work, this policy...

Asker: Anyway, thank you for suggesting notional, it got me on the right track - notional benefit actually works, although I'm still not 100% sure.

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