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» Insurance » Topics begins with C » Covering fund


Page modified: Saturday, June 24, 2006 09:36:32

A covering fund is a collateral pool, from which demands are satisfied by creditors.

Covering funds are used within the insurance range, around a mass to form when meeting requirements for compensation from the social security of a damaged person and requirements against the liability insurance of the (see also ratio privilege).

The term is used also for additional collateral with founded bank loans.


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