KudoZ home » English to French » Other

deductible or self-insured retention

French translation: franchise auto-assurée

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:self-insured retention
French translation:franchise auto-assurée
Entered by: Nikki Scott-Despaigne
Options:
- Contribute to this entry
- Include in personal glossary

00:27 Sep 24, 2001
English to French translations [PRO]
English term or phrase: deductible or self-insured retention
Contractor's responsibility shall include the value of any deductible or self-insured retention applicable under taht insurance.
Sylvie André
France
Local time: 09:47
franchise et franchise auto-assurée
Explanation:
Bonjour Sylvie,

Plus de détail aurait aidé à choisir le terme le plus adapté, peut-être, mais globalement, je proposerais :

Deductible = franchise
Self-insured retention = franchise auto-assurée

Seul « hic », c’est qu’ après avoir travaillé dans l’assurance à Londres, je sais le marché londonien fait la différence entre « deductible » et « franchise », qui ne semble pas être le cas en français. Ainsi, dans ma réponse, je me base sur les définitions suivantes. A vous de jouer !

1 - Deductible : initial amount of loss paid by the insured in commercial property insurance. It is a large excess.

2 - Excess : sum that a policyholder has (by agreement) to contribute to an insurance claim. It may be compulsory or voluntary.

3 - Franchise : an agreed figure below which an insurance company does not have to meet a claim. A loss above the franchise figure is paid in full.

(Source 1, 2, 3, 4 & 5 : International Dictionary of Insurance and Finance, Clark, Chtd Inst of Bankers, Ed. Glenlake, / Fitzroy Dearborn)

Franchise and deductible are not quite the same.

Example (deductible/excess) :
You have sustained a loss of USD 1500. If your excess/deductible is USD 500, you pay the USD 500 and the insurance company takes care of the remaining USD 1000.

Example (franchise) :
You have sustained a loss of USD 1500.
If your franchise is USD 2000, your insurance company pays nothing, you have to cover the whole of the loss.
If your franchise is USD 1000, your insurance company covers the whole of the USD 1500 claim. You have nothing to pay.

4 – Self-insurance : result of a decision to stand the risk of a loss than pay a premium to an insurance company to cover it. It is used by large organizations which set aside a fund to meet losses. It is not really insurance at all.

5 – Retention : holding back money to be used for a particular purpose. In reinsurance, it is the part of the risk that remains with the direct insurer.


(Source : Lexique de Risque Assurance Réassurance, SPE L’Assurance Française)

Deductible = franchise
Franchise = franchise

http://www.actuaries.ca/publications/lexicon/lextd.html

deductible
franchise, franchise absolue, franchise toujours absolue, franchise forfaitaire (LGA)
deductible amount
franchise (2e)
deductible average
franchise d'avarie, franchise proportionnelle (LGA)
deductible buy-back
rachat de la franchise (JD, 2e)
deductible clause
clause de franchise (RL, LGA)


franchise
franchise simple, f. à atteindre, f. atteinte (LGA)
franchise deductible
franchise décroissante (LGA)
franchise insurance
assurance de groupe à polices individuelles (JD)


excess liability insurance
assurance complémentaire, a. supplémentaire, a. de second risque. a. de risques successifs (LGA)
excess limit
plein par excédent (JD, 2e)
excess loss reassurance
réassurance en excédent de sinistres (2e)
excess loss reinsurance
réassurance en excédent de sinistres (2e)


retention
retenue pour frais et divers ( * G.Lachance
retention
plein de conservation, retenue, conservation, propre risque (RL)
retention limit
plein de conservation, plein de rétention (LGA)


self-insurance
propre assurance (RL)
self-insurance
autoassurance (LGA)
self-insured
autoassuré (JD)
self-insured retention
franchise auto-assurée (2e)
Selected response from:

Nikki Scott-Despaigne
Local time: 09:47
Grading comment
4 KudoZ points were awarded for this answer

Advertisement


Summary of answers provided
5franchise et franchise auto-assurée
Nikki Scott-Despaigne


  

Answers


36 mins   confidence: Answerer confidence 5/5
franchise et franchise auto-assurée


Explanation:
Bonjour Sylvie,

Plus de détail aurait aidé à choisir le terme le plus adapté, peut-être, mais globalement, je proposerais :

Deductible = franchise
Self-insured retention = franchise auto-assurée

Seul « hic », c’est qu’ après avoir travaillé dans l’assurance à Londres, je sais le marché londonien fait la différence entre « deductible » et « franchise », qui ne semble pas être le cas en français. Ainsi, dans ma réponse, je me base sur les définitions suivantes. A vous de jouer !

1 - Deductible : initial amount of loss paid by the insured in commercial property insurance. It is a large excess.

2 - Excess : sum that a policyholder has (by agreement) to contribute to an insurance claim. It may be compulsory or voluntary.

3 - Franchise : an agreed figure below which an insurance company does not have to meet a claim. A loss above the franchise figure is paid in full.

(Source 1, 2, 3, 4 & 5 : International Dictionary of Insurance and Finance, Clark, Chtd Inst of Bankers, Ed. Glenlake, / Fitzroy Dearborn)

Franchise and deductible are not quite the same.

Example (deductible/excess) :
You have sustained a loss of USD 1500. If your excess/deductible is USD 500, you pay the USD 500 and the insurance company takes care of the remaining USD 1000.

Example (franchise) :
You have sustained a loss of USD 1500.
If your franchise is USD 2000, your insurance company pays nothing, you have to cover the whole of the loss.
If your franchise is USD 1000, your insurance company covers the whole of the USD 1500 claim. You have nothing to pay.

4 – Self-insurance : result of a decision to stand the risk of a loss than pay a premium to an insurance company to cover it. It is used by large organizations which set aside a fund to meet losses. It is not really insurance at all.

5 – Retention : holding back money to be used for a particular purpose. In reinsurance, it is the part of the risk that remains with the direct insurer.


(Source : Lexique de Risque Assurance Réassurance, SPE L’Assurance Française)

Deductible = franchise
Franchise = franchise

http://www.actuaries.ca/publications/lexicon/lextd.html

deductible
franchise, franchise absolue, franchise toujours absolue, franchise forfaitaire (LGA)
deductible amount
franchise (2e)
deductible average
franchise d'avarie, franchise proportionnelle (LGA)
deductible buy-back
rachat de la franchise (JD, 2e)
deductible clause
clause de franchise (RL, LGA)


franchise
franchise simple, f. à atteindre, f. atteinte (LGA)
franchise deductible
franchise décroissante (LGA)
franchise insurance
assurance de groupe à polices individuelles (JD)


excess liability insurance
assurance complémentaire, a. supplémentaire, a. de second risque. a. de risques successifs (LGA)
excess limit
plein par excédent (JD, 2e)
excess loss reassurance
réassurance en excédent de sinistres (2e)
excess loss reinsurance
réassurance en excédent de sinistres (2e)


retention
retenue pour frais et divers ( * G.Lachance
retention
plein de conservation, retenue, conservation, propre risque (RL)
retention limit
plein de conservation, plein de rétention (LGA)


self-insurance
propre assurance (RL)
self-insurance
autoassurance (LGA)
self-insured
autoassuré (JD)
self-insured retention
franchise auto-assurée (2e)


    Reference: http://www.actuaries.ca/publications/lexicon/lextd.html
Nikki Scott-Despaigne
Local time: 09:47
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 882
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search