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What does "Deckungszusage" mean in English?

Employment, Insurance • 
Last updated on 14 March 2024

Deckungszusage, literally translated as “coverage commitment” or “cover note” in English, is a term used in the insurance industry.

What is “Deckungszusage”?

Deckungszusage is a confirmation from an insurance company that they will cover the costs associated with a claim or provide coverage for a specific risk. This is particularly relevant in legal insurance (Rechtsschutzversicherung) in Germany, where it signifies that the insurer will pay for legal costs, such as lawyer fees and court expenses, in the event of a legal dispute[5][8].

More information about “Deckungszusage”

The term is often used in the context of legal insurance, where a Deckungszusage is given by the insurer before legal proceedings begin, ensuring that the policyholder is covered for the upcoming legal expenses. It is an important aspect of the insurance process as it provides the insured with the assurance that they can afford legal representation and proceed with their case[5][8].

Here are some additional terms that are related to Deckungszusage:

  • Rechtsschutzversicherung: Legal insurance that covers legal costs and provides financial protection in case of legal disputes[5].
  • Beratungshilfe: Legal aid that can be applied for at a local court to cover legal consultation costs for eligible individuals[5].
  • Abmahnung: A written warning, often used in legal contexts, which can be covered by legal insurance if a lawyer is needed to draft one[5].

Deckungszusage is a key component of the legal insurance system in Germany, providing individuals with the confidence to seek legal advice and representation when necessary.

Sources

[1] https://www.collinsdictionary.com/us/dictionary/german-english/deckungszusage [2] https://allaboutberlin.com/glossary/Deckungszusage [3] https://cms.law/en/deu/people/thomas-maur [4] https://en.langenscheidt.com/german-english/deckungszusage [5] https://allaboutberlin.com/guides/legal-insurance [6] https://www.costanian.com/schalungs-und-bewehrungsplaenen/ [7] https://en.pons.com/translate/german-english/Deckungszusage [8] https://www.blackforestfamily.com/living-in-germany/legal-insurance-in-germany-coverage-costs-and-claims-process-explained [9] https://www.vwfs.de/auto-versichern.html [10] https://www.linguee.com/german-english/translation/deckungszusage.html [11] https://www.englishforum.ch/2358814-post1.html [12] https://www.verivox.de/kfz-versicherung/ [13] https://context.reverso.net/translation/german-english/Deckungszusage [14] https://academic.oup.com/book/36825/chapter-abstract/321993776?redirectedFrom=fulltext [15] https://automate.ch/printouts/general_conditions [16] https://www.seslisozluk.net/en/what-is-the-meaning-of-deckungszusage/ [17] https://www.englishforum.ch/insurance/229850-signed-up-insurer-too-late-pull-out-post2367488.html [18] https://en.bab.la/dictionary/german-english/vdz-vorlaeufige-deckungszusage [19] https://www.linguee.com/german-english/translation/vorl%C3%A4ufige%2Bdeckungszusage.html [20] https://dict.leo.org/german-english/Deckungszusage