German: erbringt....English translation: provide  KudoZ The KudoZ network provides a framework for translators ... More  |
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German to English translations [PRO]
Bus/Financial - Insurance | | German term or phrase: erbringt.... | Erbringt der Versicherer Entschaedigungsleistungen aufgrund eines Schadenfalls, der auch unter diesem Anhang zum Versicherungsvertrag gedeckt waere, so reduziert sich fuer denselben Schadenfall die aus dem vorliegenden Vertrag stehende Deckungsumme um den bereits geleisteten Betrag.
Context: refers to an appendix to an insurance policy, the above being one clause in it.
Can anyone just give me the gist of the above? I'm having difficulty understanding the idea behind it. Many thanks. |
| | | provide | Explanation:
If the insurer provides compensation on the basis of an insured event, which would also have been covered under this annex to the insurance policy, then for the same insured event the sum insured in the present policy will be reduced by the amount that has already been paid.
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| Selected response from:
Kim Metzger
Mexico
| Note from asker to answererThanks, Kim!
4 KudoZ points were awarded for this answer |
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| Summary of answers provided | | 3 +5 | provide | |
9 mins confidence:   peer agreement (net): +5 |
| provide
Explanation:
If the insurer provides compensation on the basis of an insured event, which would also have been covered under this annex to the insurance policy, then for the same insured event the sum insured in the present policy will be reduced by the amount that has already been paid.
| | Note from asker to answerer |
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The translation workplace 
