FT MarketWatch

Coinsurance

Definition 1 An Insurance policy Provision under which the Insurer and the Insured share costs incurred after the Deductible is met, according to a specific formula. Definition 2 More generally, a sharing of Risk between the Insurer and the insured. also called Copay.

Related Terms: 16 Call, Copay, Deductible, ECI, FIN, Insurance, Insurance policy, Insured, Insurer, Inc., Policy, Provision, Risk, Rally, Ring, Share
Other Related Pages: Category: Insurance Starting With: C
Semi Related Terms: 518 CLICK HERE TO VIEW