Glossary entry

German term or phrase:

Deckungsbrief (Insurance)

English translation:

Cover Note (BE) / Cover letter (AE), statement of coverage (in some cases)

Added to glossary by Beth Jones
Dec 16, 2004 17:59
19 yrs ago
6 viewers *
German term

Deckungsbrief

German to English Law/Patents Insurance
Hi All!
Q: Is a **Deckungsbrief ** just a cover letter or is (also) something like a "statement of coverage"
This is for a legal agreement to lend motorcycles & misc. related items for exhibition. The exhibitor must insure the exhibited materials and their transport.

CONTEXT:
GERMAN version:
"1. Versicherung
Das ______________ versichert die Leihgaben für die Dauer der Ausstellung und des Transportes auf den mit dem Leihgeber vereinbarten Wert bei der UNIQA Sachversicherungs AG.
Die Versicherung gilt auf „erstes Risiko“ und sowie alle Fälle in denen das _____________ die Haftung für An- und Abtransporte zu übernehmen hat in der Deckungsform „volle Deckung gegen alle Risiken“.
Die Versicherungspolizze und die Prämienrechnung sowie ein Deckungsbrief gehen direkt von der UNIQA Sachversicherungs AG an das _____ und müssen vor der Übernahme bzw. Zustellung durch den Leihgeber vorliegen. Die Prämienrechnung muß vor der Übergabe bzw. Zustellung der Leihgaben durch das ______________ bezahlt werden."

My ENGLISH version so far:
"The ______________ shall insure the loaned items through the UNIQA Sachversicherungs AG (UNIQA Property Insurance Co.) for the value agreed upon with the Loaner, for the duration of both the exhibit and their transport.
The insurance shall cover “first loss” and thereby all circumstances under which the _____________ is to assume the liability for transports to and from the location under the type of coverage * Deckungsform * “full coverage against all risks (AAR)”.
The insurance policy and the invoice for premiums as well as a **Deckungsbrief ** cover letter // statement of coverage shall be sent directly from the UNIQA Sachversicherungs AG to the _______ and must be available and on file before the items' receipt or delivery by the Loaner. The premium invoice must be paid by the ________________________________ before the loaned items are entrusted or delivered."

Thanks for any insights!
Beth

Discussion

Non-ProZ.com Dec 16, 2004:
thanks Good point about "Loaner", Counsel!
I think I chose "loaner" because "Lender" sounds so "financial" (to my ears). But on 2nd thought...

As for the audience, it will be "multi-culti", so "BE vs AE" should not really be an issue. And of course, Cover Note is just as clear/legit as Cover Letter... your quoted definition sounds right on in the context of the translation.

So far so good!
BJ



Proposed translations

+1
2 hrs
Selected

Cover Note (BE)

This is what it would be called in the UK - but you may be writing for a US etc. audience.

'Loaner' doesn't show up in my Am law dict. I would call Leihgeber lender or bailor vs. borrower or bailee.

'Cover Note. ... A Cover Note is usually written by an agent, and it informs the insured that coverage is in effect. See also Binder. [close].'
-
Peer comment(s):

agree HelenY
25 mins
Thanks.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thank you ALL for your suggestions. All were good/plausible, but this one best "fits" the needs of the full context . Thank you for your time and trouble! Beth Jones"
6 hrs

confirmation of coverage

i'm guessing!
Something went wrong...
11 hrs

Statement of Coverage

Statement of coverage is preferrable to conver note since the statement of coverage includes items and conditions of coverage.
Something went wrong...
1 day 7 hrs

Insurance binder/binder

That's what it's called in AE. I know you already graded the question, but I wanted to throw this suggestion in anyway!
Something went wrong...
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