Glossary entry

English term or phrase:

tail insurance coverage

Russian translation:

страховая защита на период после окончания страхования

Added to glossary by Oleg Lozinskiy
Feb 5, 2016 11:47
8 yrs ago
4 viewers *
English term

tail insurance coverage

English to Russian Other Insurance
Run-Off Insurance
Be It Resolved, to purchase, prior to the Closing, tail insurance coverage, which shall provide the Company's directors and officers (including past directors) with coverage of directors' and officers’ liability prior to and including the date of Closing (including the transactions contemplated by the Agreement) for a term of seven years following the date of Closing in an amount equal at least to the current coverage amount and that shall have other terms not materially less favorable to the insured persons than the directors’ and officers’ liability insurance coverage maintained by the Company as of the date hereof.

п.с. Run-Off Insurance можно перевести как «Действие страховки после прекращения хозяйственной деятельности»?
Change log

Feb 8, 2016 09:35: Oleg Lozinskiy Created KOG entry

Proposed translations

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15 mins
Selected

страховая защита на период после окончания страхования

tail coverage страх. защита на период после окончания страхования* (дополнительное страховое покрытие, которое может быть предусмотрено полисом ...
tail policy страх. полис страхования "хвоста"*, полис на период после окончания основного страхования* (полис страхования ответственности, ...
http://rus-eng.com/novyiy_bolshoy_anglo_russkiy_slovar/page/...

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Note added at 18 мин (2016-02-05 12:06:39 GMT)
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П.С. 'Run-Off Insurance' --> http://www.proz.com/kudoz/english_to_russian/finance_general...

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Note added at 21 мин (2016-02-05 12:09:04 GMT)
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период [срок] страхового покрытия после прекращения хозяйственной деятельности

Пояснение:
The Definition of Run-Off Insurance
By Lexa W. Lee, eHow Contributor

Run-off insurance or run-off cover refers to a form of coverage under which an insurance company pays claims against a business after it closes and ceases operations.
http://www.ehow.com/facts_6920378_definition-run_off-insuran...
Peer comment(s):

agree Angela Greenfield
1 hr
Спасибо, Анжела!
agree Nataliia Fedoriaka
2 hrs
Спасибо, Наталья!
agree Erzsébet Czopyk
1 day 18 hrs
Thank you, Erzsébet!
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4 KudoZ points awarded for this answer.
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