Lebensversicherung mit eigenem Bennenungs-/Bezugsrecht

English translation: life insurance policy in which the policy holder has personal designation and redemption rights

19:30 May 19, 2018
German to English translations [PRO]
Law/Patents - Insurance / Life Insurance
German term or phrase: Lebensversicherung mit eigenem Bennenungs-/Bezugsrecht
Hi again, I do pretty much understand what this means, but what I am not 100% sure is who the "eigenem" refers to.

This is part of a last will.

The context is "Zahlungen aus Verträgen zugunsten Dritter (z.b: Lebensversicherungen mit eigenem Bennennungs- oder Bezugsrecht) stehen unmittelbar dem Bezugsberechtigten zu".

Many thanks! D
Daniel Arnold
Germany
Local time: 03:23
English translation:life insurance policy in which the policy holder has personal designation and redemption rights
Explanation:
tricky context but this is the idea

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Note added at 5 hrs (2018-05-20 00:38:02 GMT)
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deliberately keeping it vague here to give you options

--------------------------------------------------
Note added at 5 hrs (2018-05-20 00:38:41 GMT)
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and let's see how others read it

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Note added at 5 hrs (2018-05-20 00:45:22 GMT)
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my gut feeling is that the policy holder has the right to designate him/herself as the recipient and receive the payout which would then go to his/her heirs

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Note added at 5 hrs (2018-05-20 00:46:24 GMT)
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so let's see if someone can come in on the wording

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Note added at 6 hrs (2018-05-20 01:40:33 GMT)
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insurance policy in which the (policy) holder retains the right to receive and redeem any and all amounts (accruing) in his/her name

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Note added at 6 hrs (2018-05-20 01:41:39 GMT)
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something along these lines

--------------------------------------------------
Note added at 6 hrs (2018-05-20 01:44:58 GMT)
--------------------------------------------------

that covers the "eigen"

--------------------------------------------------
Note added at 6 hrs (2018-05-20 02:02:29 GMT)
--------------------------------------------------

just read your profile and obviously a top man so let's see how this pans out

--------------------------------------------------
Note added at 1 day 5 hrs (2018-05-21 01:17:01 GMT)
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and of course you know that according to proz rules you have gone way beyond the limit but ok

--------------------------------------------------
Note added at 1 day 5 hrs (2018-05-21 01:21:24 GMT)
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ist mir wurst, aber das nächste mal
Selected response from:

David Hollywood
Local time: 23:23
Grading comment
thanks mate
4 KudoZ points were awarded for this answer



Summary of answers provided
3life insurance policy in which the policy holder has personal designation and redemption rights
David Hollywood


Discussion entries: 6





  

Answers


5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
life insurance policy in which the policy holder has personal designation and redemption rights


Explanation:
tricky context but this is the idea

--------------------------------------------------
Note added at 5 hrs (2018-05-20 00:38:02 GMT)
--------------------------------------------------

deliberately keeping it vague here to give you options

--------------------------------------------------
Note added at 5 hrs (2018-05-20 00:38:41 GMT)
--------------------------------------------------

and let's see how others read it

--------------------------------------------------
Note added at 5 hrs (2018-05-20 00:45:22 GMT)
--------------------------------------------------

my gut feeling is that the policy holder has the right to designate him/herself as the recipient and receive the payout which would then go to his/her heirs

--------------------------------------------------
Note added at 5 hrs (2018-05-20 00:46:24 GMT)
--------------------------------------------------

so let's see if someone can come in on the wording

--------------------------------------------------
Note added at 6 hrs (2018-05-20 01:40:33 GMT)
--------------------------------------------------

insurance policy in which the (policy) holder retains the right to receive and redeem any and all amounts (accruing) in his/her name

--------------------------------------------------
Note added at 6 hrs (2018-05-20 01:41:39 GMT)
--------------------------------------------------

something along these lines

--------------------------------------------------
Note added at 6 hrs (2018-05-20 01:44:58 GMT)
--------------------------------------------------

that covers the "eigen"

--------------------------------------------------
Note added at 6 hrs (2018-05-20 02:02:29 GMT)
--------------------------------------------------

just read your profile and obviously a top man so let's see how this pans out

--------------------------------------------------
Note added at 1 day 5 hrs (2018-05-21 01:17:01 GMT)
--------------------------------------------------

and of course you know that according to proz rules you have gone way beyond the limit but ok

--------------------------------------------------
Note added at 1 day 5 hrs (2018-05-21 01:21:24 GMT)
--------------------------------------------------

ist mir wurst, aber das nächste mal

David Hollywood
Local time: 23:23
Native speaker of: Native in EnglishEnglish
PRO pts in category: 103
Grading comment
thanks mate
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