cúmulo

19:09 Jun 20, 2019
Spanish to English translations [PRO]
Bus/Financial - Insurance / loans and credit
Spanish term or phrase: cúmulo
I have found in Insurance that cúmulo can be 'aggregates' but I don't think in this case. Funds? Loans? Can't find examples anywhere!

Toda solicitud de credito o cumulo obliga al prestatario a llenar una Declaracion Personal de Salud (DPS), declaracion que se incluye en la Solicitud de afiliacion al Seguro.

Las solicitudes por creditos o cumulos por debajo de US$150,000 o su equivalente en moneda nacional no requieren ser presentadas a La Compania para el proceso de suscripcion.
Laura Molinari
Canada
Local time: 01:12


Summary of answers provided
3(ins.) aggregate limit (for separate or consolidated credit facilities)
Adrian MM.
3amount
Juan Arturo Blackmore Zerón


  

Answers


33 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
amount


Explanation:
https://www.linguee.com/spanish-english/translation/cúmulo.h...


Juan Arturo Blackmore Zerón
Mexico
Local time: 00:12
Works in field
Native speaker of: Spanish
PRO pts in category: 4
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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
(ins.) aggregate limit (for separate or consolidated credit facilities)


Explanation:
1. Could be an aggregate e.g. risk limit.

2. cúmulo de seguros can sometimes mean double (over-) insurance, so two or more policies taken out on the same risk.

3. the context of credits /credit facilities connotes to me that there is an aggregate cap for separate loans and advances or consolidated loans.

Example sentence(s):
  • An aggregate limit caps the total amount that an insurance company pays

    Reference: http://www.fundacionmapfre.org/fundacion/es_es/publicaciones...
    Reference: http://www.linguee.es/ingles-espanol/traduccion/debt+consoli...
Adrian MM.
United Kingdom
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
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