Glossary entry

Swedish term or phrase:

annulleringsansvar

English translation:

cancellation authority

Added to glossary by Charles Ek
Jun 27, 2011 01:34
12 yrs ago
Swedish term

annulleringsansvar

Swedish to English Other Insurance insurance contracts
need help with the term 'annulleringsansvar'.

gruppföreträdare (med annulleringsansvar) = group administrator (with annullment responsibility? power?)

any ideas?
Proposed translations (English)
4 +1 cancellation authority
Change log

Jul 4, 2011 10:18: Charles Ek Created KOG entry

Proposed translations

+1
13 mins
Selected

cancellation authority

I'm pretty sure this refers to the power held by the group administrator to cancel (not annul) the insurance contract on behalf of the group. As a individual group member, an individual almost never has this power. You can cancel your own coverage perhaps, but you cannot do anything to affect the contract as a whole.
See the link for examples of "cancellation authority" in this context.
Peer comment(s):

agree Anna Kopicka (X)
4 hrs
Thanks.
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4 KudoZ points awarded for this answer.
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