coinsurance

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Related to coinsurance clause: co-insurance
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  • noun

Words related to coinsurance

insurance issued jointly by two or more underwriters

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References in periodicals archive ?
The agreed value endorsement in a property insurance policy waives the coinsurance clause.
The coinsurance clause does not always cause a penalty.
This condition acts like a 100 percent coinsurance clause in that it requires insurance in the full amount of the completed value of the structure.
a $500 per person deductible, and an 80% coinsurance clause, with a family stop/
The form, which was introduced in the mid-1920s, originally required a 100 percent coinsurance clause, i.
In addition, if your policy has a coinsurance clause, you may not comply with its requirements.
Many policies of insurance have a coinsurance clause.