1) to grant/give cover to
Definicija: v. – to agree to insure a risk
Primjer upotrebe: ABC Underwriting has granted cover to XYZ Limited.
Prijevod: dodijeliti/dati/dozvoliti pokriće
2) to exclude
Definicija: n. – when an insurance policy excludes any losses or events this means that they are not covered with it
Primjer upotrebe: This policy excludes loss damage caused directly or indirectly by earthquake, volcanic eruption and/or fire resulting there from.
3) annual premium
Definicija: n. – the cost of the insurance cover, paid every year to the insurance company
Primjer upotrebe: The annual premium for your travel insurance is £49.67.
Prijevod: godišnja premija
4) quarterly premium
Definicija: n. – the cost of the insurance cover for the period of 3 months
Primjer upotrebe: I pay my premiums quarterly.
Prijevod: tromjesečna premija
5) guaranteed premiums
Definicija: n. – premiums remaining the same for a certain period of time
Primjer upotrebe: I have a life policy with guaranteed premiums.
Prijevod: zajamčene premije
6) effective date
Definicija: n. – the date on which an insurance policy or endorsement to an insurance policy takes effect or is in force
Primjer upotrebe: The effective date of your car insurance will be the 3rd of March 2011.
Prijevod: datum početka osiguranja
7) expiry date
Definicija: n. – the date on which the insurance coverage ends
Primjer upotrebe: The expiry date for this policy is 31 December 2010.
Prijevod: datum završetka osiguranja
Definicija: n. – termination of an insurance policy before the end of the stated policy period by the insured or company
Primjer upotrebe: I have the right to cancel my insurance policy at any time during the policy period so I intend to write an insurance cancellation letter.
Prijevod: otkazivanje, poništenje
9) maturity date
Definicija: n. – the date the face amount of a life policy falls due
Primjer upotrebe: The maturity date for her life policy is April 2020.
Prijevod: datum dospijeća, datum isteka (osiguranja)
10) renewal (v. – to renew a policy)
Definicija: n. – where an original insurance policy continues beyond its original term; v. – to continue an insurance policy beyond its original term, normally for the same period of time
Primjer upotrebe: I have decided to renew my home insurance with ABC Limited because the premium is low.
Prijevod: obnova (gl. obnoviti policu)
11) reinstatement, to reinstore
Definicija: n. – restoring a policy after it has been cancelled; v. – to reinstore a policy
Primjer upotrebe: I forgot to pay my premium for two months so the cover lapsed. It has since been reinstated because I started paying the premiums again.
Prijevod: obnova, reaktiviranje ugovora