GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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18:43 Oct 11, 2019 |
Spanish to English translations [PRO] Bus/Financial - Insurance | |||||||
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| Selected response from: Gareth Rhys-Jones López Spain Local time: 00:04 | ||||||
Grading comment
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Summary of answers provided | ||||
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3 +3 | party causing the loss/damage |
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4 +2 | The party at fault |
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4 | liable third party |
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Discussion entries: 1 | |
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party causing the loss/damage Explanation: Underinsured motorist (UIM) coverage is similar to uninsured motorist (UM) coverage but is used in situations where the party causing the accident has some insurance, but not enough to fully compensate you. https://www.flagerlaw.com/personal-injury/car-accidents/auto... These requirements are that; (a) The party claiming has to have asked the party causing the accident for details required under section 154 of the Road Traffic Act 1988 i.e. whether or not the person was insured or there was an insurance policy covering the vehicle and the registration number. (b) If this information isn’t given to complain to the police. https://www.lawfordclaims.com/uninsured-drivers-and-the-moto... A word I've come across. DEFINITION of Tortfeasor Tortfeasor is the individual, company, or entity that is found to have committed wrongdoing. Tortfeasors are said to have committed a civil offense – a tort - rather than a criminal offense. Civil offenses are typically disputes between individuals and corporations. https://www.investopedia.com/terms/t/tortfeasor.asp No obstante, sigue existiendo un contrato de seguros donde la compañía se obliga a cubrir los daños. Esto daría opción a una acción de repetición, en la que Ud., causante del daño, puede iniciar un nuevo procedimiento en el que técnicamente lo que se hace pedir el cumplimiento de lo contratado. http://procerabogados.com/2018/09/21/la-responsabilidad-de-l... Claims for damages on your behalf against the party causing the damage to the insured goods, in the event of risks or amounts not covered by the policy. https://www.libertyexpatriates.es/spain-business-insurance |
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