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Ansparverein auf Gegenseitigkeit

English translation: Mutual Financial Association

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07:36 Jan 8, 2001
German to English translations [PRO]
Art/Literary
German term or phrase: Ansparverein auf Gegenseitigkeit
Im sogenannten „Ansparverein auf Gegenseitigkeit“ kann man eine Sterbensversicherung abschliessen, diese garantiert, dass man je nach Prämienstaffelung ein Begräbnis zweiter oder erster Klasse bekommt, auch wenn der dazu notwendige Betrag noch nicht voll eingezahlt wurde.

All this sounds pretty euphemistic to me, but I'm at a loss with regards to rephrasing it (the Verein).
Parrot
Spain
Local time: 10:46
English translation:Mutual Financial Association
Explanation:
The title sounds like savings, but we see that it acts like a mutual life insurance company. "In a so-called Mutual Financial Association, you can take out a life insurance policy that guarantees a first or second class burial, depending on the premium category, even if the premiums paid in are not sufficient to cover the burial cost."
Nancy
Selected response from:

Nancy Schmeing
Canada
Local time: 04:46
Grading comment
Boy, that was a tough one between the two of you.
2 KudoZ points were awarded for this answer

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Summary of answers provided
naMutual Financial AssociationNancy Schmeing
namutual savings society
Tim Drayton


  

Answers


14 mins
mutual savings society


Explanation:
This is what I believe it to be.

Tim Drayton
Cyprus
Local time: 11:46
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 154
Login to enter a peer comment (or grade)

2 hrs
Mutual Financial Association


Explanation:
The title sounds like savings, but we see that it acts like a mutual life insurance company. "In a so-called Mutual Financial Association, you can take out a life insurance policy that guarantees a first or second class burial, depending on the premium category, even if the premiums paid in are not sufficient to cover the burial cost."
Nancy


    family involved in lif insurance
Nancy Schmeing
Canada
Local time: 04:46
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 328
Grading comment
Boy, that was a tough one between the two of you.
Login to enter a peer comment (or grade)




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