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coinsurance |
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coinsurance [ˌkəʊɪnˈʃʊərəns -ˈʃɔː-] n
1. (Business / Insurance) a method of insurance by which property is insured for a certain percentage of its value by a commercial insurance policy while the owner assumes liability for the remainder 2. (Business / Insurance) joint insurance held by two or more persons ThesaurusLegend: Synonyms Related Words Antonyms
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