Glossary entry

Spanish term or phrase:

Seguro de Cobertura Crediticia por Desempleo

English translation:

credit protection insurance for unemployment

Added to glossary by Robert Carter
Dec 16, 2015 03:07
8 yrs ago
2 viewers *
Spanish term

Seguro de Cobertura Crediticia por Desempleo

Spanish to English Bus/Financial Insurance
C) SEGURO DE COBERTURA CREDITICIA POR DESEMPLEO.
La PARTE DEUDORA manifiesta que ha sido debidamente informada, que el Banco de Costa Rica es Tomador y Beneficiario de un Seguro de Cobertura Crediticia por Desempleo colones y dólares, que tiene suscrito con el Ente Asegurador.
Que dicho seguro o póliza, tiene el propósito de dar soporte económico para el pago de la cuota mensual del crédito en caso de que el Deudor Asalariado (Asegurado), sea la compareciente Dylania Herrera Cordero, quede desempleada con motivo de un despido con responsabilidad patronal.
Change log

Dec 21, 2015 14:54: Robert Carter Created KOG entry

Discussion

spanruss (asker) Dec 16, 2015:
Costa Ricans
AllegroTrans Dec 16, 2015:
Asker What is your target audience please? It is always helpful to know this

Proposed translations

+2
10 mins
Selected

credit protection insurance for unemployment

Peer comment(s):

agree Adrian MM. (X) : albeit all with initial caps as per the original
3 hrs
Thank you, Adrian.
agree AllegroTrans : capitalis(z)ed as original
8 hrs
Thank you, AllegroTrans.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks Robert!"
7 mins

Credit Insurance Coverage for (due to) Unemployment

Conn's HomePlus Credit Insurance Coverage Information ...
www.conns.com/property-insurance/
Customers have the option to purchase **Credit Insurance coverage** offered by Conn's. ... To file a Credit Unemployment Insurance Claim, Customer must provide: ...

Financial Insurance: Credit Insurance - InsuranceWorld.com
www.insuranceworld.com/financial/credit-insurance.html
Credit employment and disability insurance usually make minimum monthly ... Unlike life or disability insurance, consumer credit insurance coverage is limited to ...

--------------------------------------------------
Note added at 9 mins (2015-12-16 03:17:36 GMT)
--------------------------------------------------

What Is Credit Insurance?
Credit insurance is an insurance policy associated with a specific loan or line of credit, such as a credit card. Credit insurance pays back some or all of any money owed if certain things happen to the borrower, such as death, disability, or unemployment. Typical credit insurance coverage includes credit life, credit disability, involuntary unemployment, and credit property insurance.

What Are These Various Types of Credit Insurance?
Credit Life Insurance: Effectively pays off the debt you owe on a credit account or mortgage in the event of your death. The payment from the insurance company reflecting the payoff balance of your credit account or loan always goes to the lender who is named as the beneficiary of the policy. You cannot name a spouse, family member, or friend as a beneficiary to a credit life insurance policy.
Credit Disability Insurance: Helps to secure your favorable credit rating by covering your minimum monthly credit account payment during a period of documented medical disability. Generally, you will not be covered for any additional purchases made using your credit account after the onset of your disability.
Involuntary Unemployment Insurance: Similar to credit disability insurance, this type of credit insurance makes your minimum monthly credit account during a period of involuntary unemployment, such as a layoff or downsizing.
Credit Property Insurance: Cancels the debt you owe on items purchased on an insured credit account if the property purchased is destroyed by specifically named disasters, such as an accident, theft, floor, or earthquake.
- See more at: http://www.legalmatch.com/law-library/article/credit-insuran...
Something went wrong...
25 mins

involuntary unemployment credit insurance

my take

--------------------------------------------------
Note added at 28 mins (2015-12-16 03:36:42 GMT)
--------------------------------------------------

http://www.investopedia.com/articles/insurance/09/involuntar...
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search