Associations to the word «Coinsurance»

Wiktionary

COINSURANCE, noun. (US) The joint assumption of risk between the insurer and the insured party.
COINSURANCE, noun. (international) The joint assumption of risk between multiple insurers.

Dictionary definition

COINSURANCE, noun. Insurance issued jointly by two or more underwriters.

Wise words

A word is not a crystal, transparent and unchanged; it is the skin of a living thought and may vary greatly in color and content according to the circumstances and time in which it is used.
Oliver Wendell Holmes, Jr.