給付金額

English translation: Insurance amount paid out

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Japanese term or phrase:給付金額
English translation:Insurance amount paid out
Entered by: Kurt Hammond

17:35 Aug 27, 2004
Japanese to English translations [PRO]
Bus/Financial - Insurance
Japanese term or phrase: 給付金額
What is the difference between 給付金額 soufukingaku and 保険金額 hokenkingaku? I find both translated as 'benefits'in English. Is there a distinction?

Thank you.
Mari Hodges
Local time: 02:52
Payment amount / Actual benefit
Explanation:
They are similar but I guess the difference is this:

保険金額 is the insured value. This is the face value of the premium. For instance, if you bought auto insurance, you might have a 2,000,000 insured amount. Therefore, this is the theoretical maximum benefit.

給付金額 is the payout amount. You can see how this may sometimes be differen than the insured value - in the example above, assume you have an accident but the total liabilities only equal 1,000,000 yen. The 給付金額 would be different than 保険金額 .
Therefore, this is the actual benefit amount when a claim has been made.

Also, it is not pronounced そうふきんがく。 The correct pronounciation is きゅうふきんがく。

I am not 100% sure of the English terms but I am pretty sure my descriptions of the nuances of these words are accurate.
Selected response from:

Kurt Hammond
United States
Local time: 21:52
Grading comment
Thank you for the explanation.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Payment amount / Actual benefit
Kurt Hammond


  

Answers


21 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
給付金額
Payment amount / Actual benefit


Explanation:
They are similar but I guess the difference is this:

保険金額 is the insured value. This is the face value of the premium. For instance, if you bought auto insurance, you might have a 2,000,000 insured amount. Therefore, this is the theoretical maximum benefit.

給付金額 is the payout amount. You can see how this may sometimes be differen than the insured value - in the example above, assume you have an accident but the total liabilities only equal 1,000,000 yen. The 給付金額 would be different than 保険金額 .
Therefore, this is the actual benefit amount when a claim has been made.

Also, it is not pronounced そうふきんがく。 The correct pronounciation is きゅうふきんがく。

I am not 100% sure of the English terms but I am pretty sure my descriptions of the nuances of these words are accurate.

Kurt Hammond
United States
Local time: 21:52
Native speaker of: English
PRO pts in category: 16
Grading comment
Thank you for the explanation.

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