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German: Kredit- und Kaution

English translation: loan and deposit insurance






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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Kredit- und Kautionversicherung
English translation:loan and deposit insurance
Entered by:Alison Riddell
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2:35pm Nov 7, 2004Login or register (free) for more options.
German to English translations [PRO]
Law/Patents - Insurance
German term or phrase: Kredit- und Kaution
This is a heading on a list of compulsory insurance policies in Germany. Just to give you an idea of the context, other headings on the list include Accidents, Illness, Damage to Vehicle etc. Any ideas? Many thanks in advance.
xxxBlurbfly
United Kingdom
Loan and deposit protection
Explanation:
Kreditversicherung is loan protection insurance. I've never heard of "Kautionversicherung" - but in this context "Kaution" means a deposit paid - for example to secure a lease on an apartment.

HTH

Alison
Selected response from:

Alison Riddell
Germany
Note from asker to answerer
Thanks Alison - couldn't find this anywhere
4 KudoZ points were awarded for this answer



Summary of answers provided
4credit insurance and fidelity guarantee insurancebrianstrev
4Loan and deposit protection
Alison Riddell


  

Answers

8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Loan and deposit protection


Explanation:
Kreditversicherung is loan protection insurance. I've never heard of "Kautionversicherung" - but in this context "Kaution" means a deposit paid - for example to secure a lease on an apartment.

HTH

Alison

Alison Riddell
Germany
Native speaker of: Native in EnglishEnglish
PRO pts in category: 37
Note from asker to answerer
Thanks Alison - couldn't find this anywhere
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6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
credit insurance and fidelity guarantee insurance


Explanation:
Kreditversicherung = credit insurance, loan insurance, bad-debts insurance.
If it´s Kautionsversicherung then the answer is fidelity guarantee insurance (This insurance policy protects the employer from risks presented by any of his employees such as fraud, dishonesty, embezzlement during the course of employment. In industries where secrecy and confidentiality of operations is vital for a company's success, this policy will ensure the concealment of business procedures from other competitors who may be successful in poaching their rivals' employees).

Other terms found: guarantee insurance, fidelity guarantee policy, bonds insurance, fidelity insurance


    Reference: http://in.insurance.yahoo.com/nonlifepolicies/fidelity.html
brianstrev
Germany
Works in field
Native speaker of: Native in EnglishEnglish
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