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German to English translations [PRO]
Law/Patents - Insurance / Insurance terms and conditions | | German term or phrase: durchstehendes Risiko | Die Versicherung gilt im durchstehenden Risiko von Wand zu Wand bzw. von Nagel zu Nagel.
I cannot even offer a translation attempt here as I don't understand this sentence. I don't know what they mean by "durchstehendes Risiko" or by "von Wand zu Wand bzw. von Nagel zu Nagel"... :-/
I guess they mean that the insurance covers absolutely everything in the case of ongoing risk, but am not sure whether this is the correct meaning...
Thanks for any help! |
|  Nadescha VesterKudoZ activityQuestions: 44 (none open) ( 1 closed without grading) Answers: 2
Austria
| | Local time: 10:31
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| | all risk | Explanation:
"ALL RISK
Any losses that arise, unless the policy specifically excludes the cause of loss ... Most specialty fine art insurance policies are “All Risk”.
In comparison, a policy could be “Named Perils” – each cause of loss is listed on the policy . Examples of Perils are fire, flood, windstorm, theft, burglary , etc.
WALL TO WALL/NAIL TO NAIL
Property is covered under the policy from the time it is removed from its original location until it returns back to said original location or to another point the lender/owner designates. This includes while the property is in the possession of freight forwarders, packers, auction houses, storage locations, customs clearing houses, or other bailees."
See page 4 of the webreference.
Hope this helps you! |
| Selected response from:
xxxMack Tillman
Local time: 10:31
| Grading comment Thank you Mack! That was really helpful :-)
4 KudoZ points were awarded for this answer |
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| Summary of reference entries provided | | Info | |
| Discussion entries: 0 |
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Automatic update in 00:
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37 mins confidence:   all risk
Explanation:
"ALL RISK
Any losses that arise, unless the policy specifically excludes the cause of loss ... Most specialty fine art insurance policies are “All Risk”.
In comparison, a policy could be “Named Perils” – each cause of loss is listed on the policy . Examples of Perils are fire, flood, windstorm, theft, burglary , etc.
WALL TO WALL/NAIL TO NAIL
Property is covered under the policy from the time it is removed from its original location until it returns back to said original location or to another point the lender/owner designates. This includes while the property is in the possession of freight forwarders, packers, auction houses, storage locations, customs clearing houses, or other bailees."
See page 4 of the webreference.
Hope this helps you!
Reference: http://www.dewittstern.com/upload/Files/museum%20insurance%2...
| xxxMack Tillman
Local time: 10:31
Native speaker of:  German, English
PRO pts in category: 16
|
| | Grading comment | Thank you Mack! That was really helpful :-) |
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The translation workplace 
