English version

coinsurance in Insurance topic

From Longman Dictionary of Contemporary Englishcoinsuranceco‧in‧sur‧ance /ˌkəʊɪnˈʃʊərəns $ ˌkoʊɪnˈʃʊr-/ noun [uncountable] American English 🔊 🔊 1 BFIa type of insurance in which the payment is split between two people, especially between an employer and a worker 🔊 health coinsurance2 BFIinsurance that will only pay for part of the value or cost of something