Introduccin a la interpretacin

Instituto de Enseanza Superior en Lenguas Vivas J.

R. Fernndez

GLOSARIO DE TRMINOS DE
SEGUROS

Laura Elena Sol

Turno Tarde
2004

A
1. A.A.R. Acronym that stands for against all risks. Insurance against loss or damage to
property arising from any fortuitous cause, except such as may be specifically
excluded.
clusula contra todo riesgo
2. A/P Additional premium
prima adicional
3. accident An unplanned event, unexpected and undesigned, which occurs suddenly and
at a definite place.
accidente
.a) Inevitable a.
a) Accidente inevitable / accidente por caso fortuito o de fuerza
mayor
.b) Unavoidable a. b) Idem 3.a)
4. act of god An event arising out of natural causes with no human intervention which
could not have been prevented by reasonable care or foresight. Examples are
floods, lightning, and earthquakes.
caso fortuito
5. additional sums Costs complementary to the premium
recargos
6. adjuster A representative of the insurer who seeks to determine the extent of the firm's
liability for loss when a claim is submitted.
liquidador / inspector / perito
a) Insurance claim a.
a) Liquidador de siniestros
b) Insurance a.
.b) Inspector de seguros.
7. agent The individual appointed by an insurance company to solicit, negotiate, effect or
countersign insurance contracts on its behalf.
agente
8. amount covered Amount of coverage
monto asegurado
9. anniversary The anniversary of the date of issue of a policy as shown in the policy
declarations.
aniversario
10. appraisal An evaluation of property made to ascertain either the appropriate amount
of insurance to be written or the amount of loss to be paid.

tasacin / valuacin / estimacin

11. assignment of a policy Transfer of rights in a policy to other than the policy owner.
cesin de derechos (emergentes de una pliza)
12. attachment Commitment made by the insurer by which it will cover the economic
consequences of a claim.
cobertura
a) Date of a.
a) Fecha de inicio de la cobertura
b) a. or commencement of the risk b) Fecha de entrada en vigencia de la cobertura

B
13. benefit Financial reimbursement and other services provided insureds by insurers
under the terms of an insurance contract. An example would be the benefits listed
under a Life or Health Insurance policy or benefits as prescribed by a Workers
Compensation law.
subsidio
14. binder An agreement executed by an agent or insurer (usually the latter) putting
insurance into force before the contract has been written or the premium paid. This
term is not usually used in Life Insurance.
pliza provisional / certificado de cobertura provisorio.
a) To issue a b.
a) Extender una nota de cobertura.
15. broker One who represents an insured in the solicitation, negotiation or procurement
of contracts of insurance, and who may render services incidental to those
functions. By law the broker may also be an agent of the insurer for certain
purposes such as delivery of the policy or collection of the premium
corredor

C
16. claim A demand made by the insured, or the insured's beneficiary, for payment of the
benefits provided by the contract.
siniestro
17. claimant The person making a demand for payment of benefits.
reclamante
18. clause A term used to identify a particular part of a policy or endorsement.
a) civil authority c.

clusula
a) clusula que cubre los daos causados por los
bomberos, la polica y otras autoridades pblicas (en Fire
Insurance)

b) contestable c.

b) clusula de la pliza que indica las condiciones de

nulidad o impugnabilidad
c) continuation c.
c) clusula de continuacin de la cobertura
d) delay c.
d) clusula de demora
e) not to insure c.
e) clusula de no efecto
f) waiver of premium clause
f) clusula de renuncia
19. coinsurance In property insurance, a clause under which the insured shares in losses
to the extent that he is underinsured at the time of loss.
coseguro / seguro prorrateado
20. concealment The withholding of facts by an applicant for insurance that affects an
insurance risk or loss.
ocultamiento de datos
a) fraudulent c.
a) ocultamiento de hechos esenciales.
b) material concealment
.b) reticencia.
21. conditions One of the obligations of either the insured or the insurer imposed in the
insurance contract
condiciones/ clusulas
a) additional c.
a) c. complementarias
b) general c.
b) c. generales.
c) special c.
c) c. particulares
d) standard c.
d) c. bsicas.
22. contract A contract whereby an insurance company agrees to indemnify an insured
for losses, provide other benefits, or render services to, or on behalf of, an insured.
(The contract of insurance is often called an "insurance policy", but "policy" is
merely the evidence of the agreement.)
contrato
23. coverage The scope of the protection provided under a contract of insurance
cobertura

D
24. deductible The portion of an insured loss to be borne by the insured before he is
entitled to recovery from the insurer
deducible
25. disability A condition that curtails to some degree a person's ability to carry on his
normal pursuits. A disability may be partial or total, and temporary or permanent
incapacidad

26. dividend The return of part of the premium paid for a policy issued on a participating basis
by either a mutual or a stock insurer.

dividendo

E
27. endorsement A written or printed form attached to the policy which alters provisions
of the contract.
suplemento de pliza/ constancia

F
28. face amount The amount of insurance provided by the terms of an insurance
contract, usually found on the face of the policy. In a Life Insurance policy, the
death benefit.
valor nominal
29. form (1) An insurance document which, when attached to a policy, makes it
complete. For example, a Standard Fire policy would have to have a Business
Interruption form attached to it to make up a Business Interruption policy. (2) Any
rider or endorsement, such as a Deductible Endorsement "form."
formulario

G
30. general liability The GL policy is an ISO form, widely used to provide commercial
enterprises with premises and operations liability coverage, products and completed
operations insurance and personal injury coverage. Premises medical payments
coverage is often included as well.
responsabilidad civil

31. hazard A specific situation that increases the probability of the occurrence of loss
arising from a peril, or that may influence the extent of the loss. For example,
accident, sickness, fire, flood, liability, burglary, and explosion are perils. Slippery
floors, unsanitary conditions, shingled roofs, congested traffic, unguarded premises,
and uninspected boilers are also hazards.
peligro

I
32. indemnity A fundamental concept governing insurance: compensation for loss or
injury sustained.
indemnizacin
33. insurance A formal social device for reducing risk by transferring the risks of several
individual entities to an insurer. The insurer agrees, for a consideration, to assume, to a
specified extent, the losses suffered by the insured.
seguro
a) accident i.
a) s. por accidente
b) all risk i.
b) s. contra todo riesgo
c) automobile I
c) s. automotor
d) builders risk i.
d) s. de la construccin
e) burglary, robbery and theft i.
e) s. contra robo
f) business interruption i.
f) s. por lucro cesante
g) casualty i.
g) s. por accidente
h) certificate of i.
h) certificado de seguros que incluye la
cobertura
i) collision i.
i) s. contra daos de automotor por choques
j) comprehensive i.
j) s. de todos los bienes y que cubre varios
riesgos
k) compulsory
k) s. obligatorio
l) contingency i.
l) s. de caucin
m) crime i.
m) s. contra actos delictivos
n) current i.
n) s. vigente
o) deposit i.
o) s. que cubre los depsitos bancarios
p) employers liability i.
p) s. de responsabilidad patronal o
empresarial
q) extended term i.
q) s. de vida prorrogado
r) group i.
r) s. colectivo
s) homeowners i.
s) s. de vivienda
t) indemnity i.
t) s. de daos patrimoniales
u) joint life i.
u) s. de vida conjunto
v) liability i.
v) s. de responsabilidad civil
w) limited policy i.
w) pliza de seguro que cubre slo
determinados riesgos

x) malpractice i.
y) paid-up i.
z) professional liability i.
1) renewable term i.
2) step rate premium i.
3) term i.
4) term of i.
5) trust i.
6) workers compensation i.

x) s. contra el mal desempeo de la profesin

o desempeo ilegal de la profesin
y) s. con primas totalmente saldadas
z) ver malpractice insurance
1 s. de vida con ajuste de prima
2 s. de vida variable
3 s. de vida a plazo fijo o a trmino
4 plazo del seguro
5 fideicomiso de plizas de seguro
6 s. por accidentes de trabajos

34. insured The party to an insurance arrangement whom the insurer agrees to indemnify
for losses, provide benefits for, or render services to. This term is preferred to such
terms as policyholder, policy owner, and assured.
asegurado
35. insurer The party to an insurance arrangement who undertakes to indemnify for
losses, provide pecuniary benefits, or render services. It is desirable to use the word
"insurer" in preference to "carrier" or "company" since it is a functional word
applicable without ambiguity to all types of individuals or organizations performing
asegurador

L
36. loss Generally refers to (1) the amount of reduction in the value of an insured's
property caused by an insured peril, (2) the amount sought through an insured's
claim, or (3) the amount paid on behalf of an insured under an insurance contract.
perjuicio

M
37. market value The price for which something would sell, especially the value of
certain types of assets, such as stocks and bonds. It is based on what they would
sell for under current market conditions. For example, common stock market value
would be the price of the stock as of a specified date.
valor de mercado
38. measure of damages Assesment of losses
evaluacin de los daos para determinar la indemnizacin
39. minimum premium The smallest amount of premium for which an insurer will issue
coverage under a given policy.
prima minima

40. misrepresent Generally, misstatement of facts made on an application for insurance.

May also be misstatement of coverage made by an agent to an insured.
incurrir en reticencia u ocultamiento de hechos

N
41. net premium 1) The amount of premium minus the agent's commission. (2) The
premium necessary to cover only anticipated losses, before loading to cover other
expenses.
prima neta
42. non-disclosure of facts See Misrepresentation
reticencia
43. notice Written statement used by the insurer towards the insured
notificacin / denuncia
a) prompt n.
a) aviso inmediato

O
44. overinsurance A term used to describe the condition that exists when an insured has
purchased coverage for more than the actual cash value or replacement cost of a
subject of insurance. It is also used to describe a situation where so much insurance
is in force as to constitute a moral or morale hazard, such as having so much
Disability Income Insurance in force that it becomes profitable to be disabled.
seguro en exceso

P
45. peril The cause of a possible loss.
peligro / riesgo
a) excepted p.
b) covered p.

a) riesgos excluidos
b) riesgos cubiertos

46. policy The written statement of a contract effecting insurance, or certificates thereof,
by whatever name called, and including all clauses, riders, endorsements, and
papers attached thereto and made a part thereof.
pliza
a) anniversary of the p.
a) fecha de emisin de la p.
b) block p.
b) p. que cubre contra todo riesgo la totalidad
de los bienes del asegurado
c) lapsed p.
c) p. caduca por falta de pago de la prima

d) surrender of the p.
e) termination of the p.
f) terms of the p.

d) renuncia a la p.
e) cancelacin de la p.
f) modalidades de la p.

47. policyholder 1) The person in actual possession of an insurance policy. (2) Often
used loosely to refer to the policy owner and/or insured.
titular/ propietario/ dueo de la pliza / polizahabiente
48. policyowner See policyholder
ver anterior
49. premium The price of insurance protection for a specified risk for a specified period
of time.
prima
a) additional p.
a) p. complementaria
b) deposit p.
b) p. inicial
c) extra p.
c) Ver Additional premium
d) return p.
d) devolucin de la p.
50. proof of loss A formal statement made by a policy owner to an insurer regarding a
loss. It is intended to give information to the insurer to enable it to detemine the
extent of its liability.
denuncia de siniestro

R
51. rate The cost of a given unit of insurance.
tasa
52. reinsurance The business of insuring insurance companies. By "ceding" a portion of
its business to a reinsurance company, an insurer spreads the risk of exposure to
catastrophic loss.
reaseguro
53. reputable assurance company Well-known insurance company.
compaa de seguros reconocida en plaza
54. rescind To finalize a contract with the insurer
rescindir
55. rider An attachment to a policy that modifies its conditions by expanding or
restricting benefits or excluding certain conditions from coverage.
suplemento/ anexo

56. right of recovery Right that enables the insured to be indemnified within the clauses
of the contract signed.
derecho a ser indemnizado
57. risk Uncertainty as to the outcome of an event when two or more possibilities exist.
riesgo
a) accept the risks
a) asumir los riesgos
b) assess the risks
b) estimar los riesgos

S
58. settlement Usually, a policy benefit or claim payment. It connotes an agreement
between both parties to the policy contract as to the amount and method of payment
liquidacin
59. sole proprietor A business enterprise owned by one person who is its manager and
employee
dueo nico
60. solve To calculate the amount of a premium
calcular
61. special charges A compensation paid to an insurance agent in excess of prescribed
commissions
gastos extraordinarios
62. subpoena To summon.
citar

T
63. table rating A retrospective rating plan, which uses tables to furnish the various
values for the rating formula.
clasificacin (de tabla)
64. take out insurance To hire the services of an insurance company
contratar un seguro
65. term The period of time for which a policy or bond is issued
trmino

66. transfer of risk Shifting all or part of a risk to another party. Insurance is the most
common method of risk transfer, but other devices, such as hold harmless
agreements, also transfer risk. One of the four major risk management techniques
transferencia de riesgo
67. trustee A person appointed to manage the funds of another person
fiduciario
68. trust fund Fund managed by a trustee.
fondo de fideicomiso

U
69. uberrima fides Trustworthy
absoluta buena fe
70. underwrite The process of selecting risks and classifying them according to their
degrees of insurability so that the appropriate rates may be assigned. The process
also includes rejection of those risks that do not qualify.
asegurar/ evaluar los riesgos (Depende del contexto)
71. underwriter A technician trained in evaluating risks and determining rates and
coverages for them. The term derives from the practice at Lloyd's of each person
willing to accept a portion of the risk writing his name under the description of the
risk
asegurador o evaluador de riesgo (Depende del contexto)

V
72. vis divina An accident for which no one is responsible, an act of God
caso fortuito
73. vis major See 73.
caso de fuerza mayor

W
74. waiting period Nonindemnity period.
perodo inicial no indemnizable

75. waiver (1) A rider waiving (excluding) liability for a stated cause of injury or
sickness. (2) A provision or rider agreeing to waive premium payments during a
period of disability of the insured. (3) The act of giving up or surrendering a right
or privilege that is known to exist. In Property and Liability fields, it may be
effected by an agent, adjuster, company, employee, or company official, and it can
be done either orally or in writing
exoneracin

SOME EXPRESSIONS TO BE FOUND IN POLICIES

76. As it is evidenced by
77. As is
78. As soon as practicable
79. Cease to attach
80. (lawyer) by profession
81. Concerning the premises
82. the endorsements below
83. which appears on the endorsement hereof
84. In apparent good order and condition
85. In the ordinary course of business

Segn consta en
En el estado en que se encuentra
Dentro de un perodo razonable

De profesin (abogado)
Referente a la causa arriba indicada
Las constancias que obran al pie
Que consta al dorso de la presente
En buenas condiciones exteriores
Durante el ejercicio habitual de su
actividad
86. On account of whom it may concern
86. (pliza emitida) a cuenta de
quien corresponda / en beneficio de
quien corresponda
87. that XX be subpoenaed to appear in court as a witness for
Se cite a declarar al
testigo
88. To the best of my knowledge and belief
A mi leal saber y entender
CONTRALISTADO
absoluta buena fe 70.
accidente 3
accidente inevitable / accidente por caso fortuito o de fuerza mayor
agente 7.
aniversario 9.
asegurado 35.
asegurador 36.
asegurador o evaluador de riesgos 72.
asegurar/ evaluar los riesgos 71.
asumir los riesgos 58.a)
aviso inmediato 44.a)
calcular 61.
cancelacin de la pliza 47.e)
caso fortuito 4. certificado de seguros que incluye la cobertura 34.h
cesin de derechos (emergentes de una pliza)
11
citar 63.

3.a)

clasificacin (de tabla) 64.

clusula contra todo riesgo 1
clusula 19
clusula de continuacin de la cobertura 19.c)
clusula de demora 19.d)
clusula de la pliza que indica las condiciones de nulidad o impugnabilidad 19.b)
clusula de no efecto 19.e)
clusula de renuncia 19.f)
clusula que cubre los daos causados por los bomberos, la polica y otras autoridades
pblicas (en Fire Insurance) 19.a)
cobertura 12
cobertura
24
compaa de seguros reconocida en plaza 54.
condiciones/ clusulas condiciones 22
contratar un seguro 65.
contrato 23
Corredor 16
coseguro / seguro prorrateado 20
deducible
25
denuncia de siniestro 51.
derecho a ser indemnizado 57.
devolucin de la prima 50.d)
dividendo
27
dueo nico 60.
estimar los riesgos 58.b)
evaluacin de los daos para determinar la indemnizacin 39.
exoneracin 76.
extender una nota de cobertura. 15.a)
fecha de emisin de la pliza 47.a)
fecha de entrada en vigencia de la cobertura 12 b)
fecha de inicio de la cobertura 12 a)
fideicomiso 68.
fideicomiso de plizas de seguro 34.5
fondo de fideicomiso 69.
formulario 30
gastos extraordinarios 62.
incapacidad 26
incurrir en reticencia u ocultamiento de hechos 41.
indemnizacin 33
inspector de seguros. 6.b)
liquidacin 59.
liquidador / inspector / perito 6.
liquidador de siniestros 6.a)
modalidades de la pliza 47.f)
monto asegurado 8.
notificacin / denuncia 44.

ocultamiento de datos 21
ocultamiento de hechos esenciales. 21.a)
peligro 32
peligro 46.
perodo inicial no indemnizable 75.
perjuicio 37.
plazo del seguro 34.4
pliza 47.
pliza caduca por falta de pago de la prima 47.c)
pliza complementaria 50.a)
pliza de seguro que cubre slo determinados riesgos 34.w)
pliza provisional / certificado de cobertura provisorio. 15
pliza que cubre contra todo riesgo la totalidad de los bienes del asegurado 47.b)
prima 50.
prima adicional 2
prima inicial 50.b)
prima Mnima 40.
prima neta 42.
reaseguro 53.
recargos 5.
reclamante 18
renuncia a la pliza 47.d)
rescindir 55
responsabilidad civil 31
reticencia 43.
reticencia. 21.b)
riesgos 58.
riesgos cubiertos 46.b)
riesgos excluidos 46.a)
seguro de vida prorrogado 34.q)
seguro de vivienda 34.s)
seguro por accidente 34.a)
seguro 34
seguro automotor 34.c)
seguro colectivo 34.r)
seguro contra actos delictivos 34.m)
seguro contra daos de automotor por choques 34.i
seguro contra el mal desempeo de la profesin o desempeo ilegal de la profesin 34.x)
seguro con primas totalmente saldadas 34.y)
seguro contra robo 34.e
seguro contra todo riesgo 34.b)
seguro de caucin 34.l)
seguro de daos patrimoniales 34.t)
seguro de la construccin 34.d
seguro de lucro cesante 34.f)
seguro de responsabilidad civil 34.v)

seguro de responsabilidad patronal o empresarial 34.p)

seguro de todos los bienes y que cubre varios riesgos 34.j)
seguro de vida a plazo fijo o a trmino 34.3
seguro de vida con ajuste de prima 34.1
seguro de vida conjunto 34.u)
seguro de vida variable 34.2
seguro en exceso 45.
seguro obligatorio 34.k)
seguro por accidente 34.g)
seguro por accidentes de trabajos 34.6
seguro que cubre los depsitos bancarios 34.o)
seguro vigente 34.n)
siniestro
17
subsidio 14
suplemento de pliza/ constancia 28
suplemento/ anexo 56.
tasa 52.
tasacin / valuacin / estimacin 10
trmino 66.
titular/ propietario/ dueo de la pliza/ polizahabiente 48.
transferencia de riesgo. 67.
valor de mercado 38.
valor nominal 29

Fuentes Consultadas

Sitios de Internet:

http://www.insweb.com/learningcenter/glossary/general-a.htm
http://www.agenteallianz.com/glosario/glosario_resultado/1,1896,A,00.html
http://barrioperu.terra.com.pe/hdkp/archi/inglos.pdf
http://www.svs.cl/sitio/html/merc_seguros/educacion/cont_glosario.html
http://www.imms.com/glossary/Cgloss.htm
http://members.aol.com/translatrs/dictionaries/ins-spen.html
Asesor:
Horacio Lograzo, de Ascoli & Weil, liquidadores de seguros