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Rechtschuldversicherung

English translation: insurance for remaining debts

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08:27 Jul 4, 2008
German to English translations [PRO]
Law/Patents - Insurance
German term or phrase: Rechtschuldversicherung
Sieht eine Rechtschuldversicherung eine Absicherung der versicherten Person lediglich für die Fälle der Arbeitsunfähigkeit oder Arbeitslosigkeit vor, handelt es sich hierbei nicht um Lebensversicherungen, so dass § 153 VVG in diesen Fällen von vorne herein nicht anwendbar wäre.
chamito
Local time: 19:02
English translation:insurance for remaining debts
Explanation:
often used when buying by hire purchase
Selected response from:

Stephen Sadie
Germany
Local time: 20:02
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1insurance for remaining debts
Stephen Sadie


Discussion entries: 2





  

Answers


4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
insurance for remaining debts


Explanation:
often used when buying by hire purchase

Stephen Sadie
Germany
Local time: 20:02
Native speaker of: Native in EnglishEnglish
PRO pts in category: 33
Notes to answerer
Asker: So you think they meant "Restschuldversicherung"?


Peer comments on this answer (and responses from the answerer)
agree  Jon Fedler: or residual debt insurance-see www.dradio.de/dlf/sendungen/verbrauchertipp
24 mins
  -> indeed, residual is far better, thanks joni

neutral  TonyTK: Just the one Google hit, Stephen - and even that's a German site. I think we have proper names for threse things.
24 mins
  -> see my reply to jonathan pls
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