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

Many a true word is spoken in jest.
Geoffrey Chaucer