单词 | coinsurer |
释义 | coinsurer in Insurance (koʊɪnʃʊərər) Word forms: (regular plural) coinsurers noun (Insurance: Reinsurance) A coinsurer is a person or company whose policy covers the same risk as that of another person or company, and shares the loss. A coinsurer is any insurance provider offering joint coverage for a given property or entityin collaboration with another carrier. If coverage is carried for only $40,000 then the insured is a coinsurer for $40,000 of the $80,000, and the insurance company would be responsible for thesame amount. A coinsurer is a person or company whose policy covers the same risk as that of another personor company, and shares the loss. |
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