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Time on risk premium payment condition

Discussion in 'Financial Terms' started by mauhilje, Dec 27, 2012.

  1. mauhilje

    mauhilje New Member

    Costa Rica
    Spanish - Costa Rica
    Que tal encontré este título. Se trata de la condiciones en una póliza de seguros. ¿Alguna sugerencia? Pensé en esta frase tentativa "condición del periodo de riesgo del pago de la póliza" pero no suena nada natural.
     
  2. k-in-sc

    k-in-sc Senior Member

    It doesn't make any sense to me. Why is it singular? What does the document say about this condition?
     
  3. mauhilje

    mauhilje New Member

    Costa Rica
    Spanish - Costa Rica
    It is a subtitle. It says that "it is a condition of this contract of reinsurance that the premium due at inception must be paid to and received by Reinsurers on or (...)." I thought this subtitle should have a better translation. I came up with this "condición del periodo del pago de la prima de riesgo." Still, I'm not sure.
     
  4. k-in-sc

    k-in-sc Senior Member

    In that case, it's stating the time period in which the policyholder has to pay the premium for the policy to go into/remain in effect. But the phrase itself is still incomprehensible.
     
  5. mauhilje

    mauhilje New Member

    Costa Rica
    Spanish - Costa Rica
    Thanks anyway
     

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