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Coinsurance vs Coinsured - What's the difference?

coinsurance | coinsured |

As nouns the difference between coinsurance and coinsured

is that coinsurance is the joint assumption of risk between the insurer and the insured party while coinsured is a person covered by coinsurance.

As a verb coinsured is

past tense of coinsure.

coinsurance

Alternative forms

* co-insurance

Noun

  • (US) The joint assumption of risk between the insurer and the insured party.
  • (international) The joint assumption of risk between multiple insurers.
  • See also

    * coinsurer * copayment * deductible

    coinsured

    English

    Verb

    (head)
  • (coinsure)
  • Noun

    (en noun)
  • A person covered by coinsurance.
  • Anagrams

    *