Glossary entry

German term or phrase:

Kredit- und Kautionversicherung

English translation:

loan and deposit insurance

Added to glossary by Alison Schwitzgebel
Nov 7, 2004 14:35
19 yrs ago
12 viewers *
German term

Kredit- und Kaution

German to English Law/Patents Insurance
This is a heading on a list of compulsory insurance policies in Germany. Just to give you an idea of the context, other headings on the list include Accidents, Illness, Damage to Vehicle etc. Any ideas? Many thanks in advance.

Proposed translations

8 mins
Selected

Loan and deposit protection

Kreditversicherung is loan protection insurance. I've never heard of "Kautionversicherung" - but in this context "Kaution" means a deposit paid - for example to secure a lease on an apartment.

HTH

Alison
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4 KudoZ points awarded for this answer. Comment: "Thanks Alison - couldn't find this anywhere"
6 hrs

credit insurance and fidelity guarantee insurance

Kreditversicherung = credit insurance, loan insurance, bad-debts insurance.
If it´s Kautionsversicherung then the answer is fidelity guarantee insurance (This insurance policy protects the employer from risks presented by any of his employees such as fraud, dishonesty, embezzlement during the course of employment. In industries where secrecy and confidentiality of operations is vital for a company's success, this policy will ensure the concealment of business procedures from other competitors who may be successful in poaching their rivals' employees).

Other terms found: guarantee insurance, fidelity guarantee policy, bonds insurance, fidelity insurance
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