Replacement Cover

Chinese translation: 重置(成本)保障

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Replacement Cover
Chinese translation:重置(成本)保障
Entered by: albertdeng

22:03 Apr 11, 2014
English to Chinese translations [PRO]
Bus/Financial - Insurance
English term or phrase: Replacement Cover
The new insurance regime that requires home owners to stipulate the replacement cover for their home is of special significance to people of greater wealth.

也就是(房屋)彻底更换的费用,中文有没有固定说法?
albertdeng
New Zealand
Local time: 22:16
重置(成本)保障
Explanation:
Insurance companies provide coverage for your property either through ”replacement coverage“ or “actual cash value coverage.” Here's how they work:

Let's say your 10-year-old bed is destroyed in a fire and it‘s going to cost $1,500 to replace it.

If you have ”replacement cost insurance“ your insurance company will pay to replace your bed with a new bed of the same quality as the one you lost (less your $250 deductible).

But, if you have ”actual cash value insurance“ the company will pay what your 10-year-old bed would be worth today (minus your deductible). So, if it would be worth $500, you'd only have $250 to go toward a new bed after your $250 deductible.

replacement (cost) = 重置(成本)

cover = 保障

建议翻译为:

重置成本保障

供参考。
Selected response from:

David Lin
United Kingdom
Local time: 09:16
Grading comment
Thank you.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1重置(成本)保障
David Lin


  

Answers


42 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
重置(成本)保障


Explanation:
Insurance companies provide coverage for your property either through ”replacement coverage“ or “actual cash value coverage.” Here's how they work:

Let's say your 10-year-old bed is destroyed in a fire and it‘s going to cost $1,500 to replace it.

If you have ”replacement cost insurance“ your insurance company will pay to replace your bed with a new bed of the same quality as the one you lost (less your $250 deductible).

But, if you have ”actual cash value insurance“ the company will pay what your 10-year-old bed would be worth today (minus your deductible). So, if it would be worth $500, you'd only have $250 to go toward a new bed after your $250 deductible.

replacement (cost) = 重置(成本)

cover = 保障

建议翻译为:

重置成本保障

供参考。


    Reference: http://www.thebeehive.org/money/about-insurance/house/basics...
    Reference: http://dict.youdao.com/search?le=eng&q=umbrella%20policies&k...
David Lin
United Kingdom
Local time: 09:16
Native speaker of: Chinese
PRO pts in category: 11
Grading comment
Thank you.

Peer comments on this answer (and responses from the answerer)
agree  Fang Yuan
2 days 5 hrs
  -> 谢谢。
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