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annulleringsansvar

English translation: cancellation authority

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase: annulleringsansvar
English translation:cancellation authority
Entered by: Charles Ek

01:34 Jun 27, 2011
Swedish to English translations [PRO]
Insurance / insurance contracts
Swedish term or phrase: annulleringsansvar
need help with the term 'annulleringsansvar'.

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

any ideas?
Phlebas
Local time: 09:49
cancellation authority
Explanation:
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.
Selected response from:

Charles Ek
United States
Local time: 02:49
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1cancellation authority
Charles Ek


  

Answers


13 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
cancellation authority


Explanation:
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.


    Reference: http://tinyurl.com/6cthvgz
Charles Ek
United States
Local time: 02:49
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24

Peer comments on this answer (and responses from the answerer)
agree  Anna Kopicka (X)
4 hrs
  -> Thanks.
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