assurance pour compte

English translation: insurance for the account of various parties

13:06 Apr 7, 2005
French to English translations [PRO]
Law/Patents - Insurance
French term or phrase: assurance pour compte
Résiliation de la garantie d'assurance pour compte au titre des dommages aux biens souscrits par la société M auprès des MMA au bénéfice de C (ces risques sont couverts par le contrat d'assurance souscrit auprès des L). L'avenant doit prévoir (i) que la résiliation prendra effet pour le futur, (ii) corrélativement une diminution du montant des prestations à payer par C (environ 4.000 €).
Deborah Mends
France
Local time: 06:35
English translation:insurance for the account of various parties
Explanation:
insurance effected by one party on behalf of itself and others, possibly to avoid problems over who was the actual owner of the property damaged at the time of the loss
Selected response from:

Neil Crockford
Local time: 05:35
Grading comment
Thank you! I modified this slightly in my text to say "insurance on behalf of the various parties"
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2insurance for the account of various parties
Neil Crockford


  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
insurance for the account of various parties


Explanation:
insurance effected by one party on behalf of itself and others, possibly to avoid problems over who was the actual owner of the property damaged at the time of the loss

Neil Crockford
Local time: 05:35
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 282
Grading comment
Thank you! I modified this slightly in my text to say "insurance on behalf of the various parties"

Peer comments on this answer (and responses from the answerer)
agree  Pamela Boutin-Bird: I believe that it is sometimes referred to as 'Omnibus Insurance'
15 mins
  -> Eurodicautom giving "omnibus insurance" quoting Gerling Konzern.

agree  DocteurPC: yes
48 mins
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