Glossary entry

German term or phrase:

Versichertes Interesse

English translation:

insured interest

Added to glossary by Caitriona O'Callanain
Aug 15, 2002 11:11
21 yrs ago
2 viewers *
German term

versichertes Interesse

German to English Bus/Financial Insurance Insurance
Nur ein Begünstiger darf im Vertrag gennat werden, wenn dieser ein versichertes Interesse hat

Proposed translations

+2
29 mins
Selected

insured interest

Seems to fit better into your sentence and would also be understood by people who are not insurance specialists.
Peer comment(s):

agree jerrie
1 hr
agree Rowan Morrell : Good point.
1 hr
neutral writeaway : am not 100% sure it means the same thing. and since when were insurance documents meant to be clear for all to understand?
9 hrs
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4 KudoZ points awarded for this answer. Comment: "Many thanks Caitriona"
+2
12 mins

interest insured

Is the translation given by Leo, which is generally quite good on insurance terms.
Peer comment(s):

agree Beate Lutzebaeck : Ooops, I accidently agreed with Eva's answer, that was supposed to be a disagree.
8 hrs
agree writeaway : Romain also states it this way.
9 hrs
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+1
6 hrs

secured interest

...sounds better to me.
Peer comment(s):

agree Beate Lutzebaeck : Secured means "abgesichert; gesichert" (context: collateralisation, not insurance) not "versichert".
1 hr
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13 hrs

with a confirmed interest

It appears to me that what is being said (in a clumsy way) is that only those bidders who have have been checked for their seriousness will be considered.
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