This question was closed without grading. Reason: Other
Jan 23, 2011 01:26
13 yrs ago
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English term
Russian Federation
severability of interests provision
English to Russian
Other
Law: Contract(s)
(Property insurance)
The policies shall provide such waivers of subrogation by endorsement or otherwise and shall contain a severability of interests provision.
Заранее спасибо.
The policies shall provide such waivers of subrogation by endorsement or otherwise and shall contain a severability of interests provision.
Заранее спасибо.
Reference comments
8 mins
Angela Greenfield
United States
United States
Native in Russian
Specializes in field
United States
Certified Lawyer-Linguist
Native in: Russian 
, Ukrainian
Works in: Russian to English, English to Russian, Ukrainian to English
Related KudoZ points
:
380
Reference:
http://www.askpedia.com/q/98B4/what_is_the_definition_for_severability_of_interest
Severability of interest: a potential liability between different entities named on a single insurance policy.
A provision in some insurance policies and applications for insurance that each insured or applicant will be treated as if separately covered under the policy. If a claim is made by one insured against another insured, this provision provides coverage for the insured against whom the claim is made in the same manner as if separate policies had been issued. However, it does not operate to increase the insurance company's overall limit of liability.
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Note added at 10 mins (2011-01-23 01:37:02 GMT)
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Это оговорка в страховом полисе о том, что в случае предъявления претензий между лицами, покрытыми одним и тем же страховым покрытием, эти лица с точки зрения страховки будут рассматриваться как застрахованные отдельно.
A provision in some insurance policies and applications for insurance that each insured or applicant will be treated as if separately covered under the policy. If a claim is made by one insured against another insured, this provision provides coverage for the insured against whom the claim is made in the same manner as if separate policies had been issued. However, it does not operate to increase the insurance company's overall limit of liability.
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Note added at 10 mins (2011-01-23 01:37:02 GMT)
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Это оговорка в страховом полисе о том, что в случае предъявления претензий между лицами, покрытыми одним и тем же страховым покрытием, эти лица с точки зрения страховки будут рассматриваться как застрахованные отдельно.
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