coinsurance

[ koh-in-shoor-uhns, -shur- ]

/ ˌkoʊ ɪnˈʃʊər əns, -ˈʃɜr- /

noun

insurance underwritten jointly with another or others.

a form of property insurance in which an insurer assumes liability only for that proportion of a loss which the amount of insurance bears to a specified percentage of the value of the property.

a form of health insurance in which the insured party contributes a specified percentage of the total cost of medical expenses after a deductible has been reached.
the percentage contributed by the insured party: My coinsurance is 20%. Compare copay.

Origin of coinsurance

First recorded in 1885–90; co- + insurance

Words nearby coinsurance

coin-op, coin-operated, coinosite, coin silver, coinstantaneous, coinsurance, coinsure, coinsurer, Cointreau, coinventor, coir

Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for coinsurance

coinsurance

/ (ˌkəʊɪnˈʃʊərəns, -ˈʃɔː-) /

noun

a method of insurance by which property is insured for a certain percentage of its value by a commercial insurance policy while the owner assumes liability for the remainder

joint insurance held by two or more persons

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

单词	coinsurance
释义	coinsurance [ koh-in-shoor-uhns, -shur- ] / ˌkoʊ ɪnˈʃʊər əns, -ˈʃɜr- / noun insurance underwritten jointly with another or others. a form of property insurance in which an insurer assumes liability only for that proportion of a loss which the amount of insurance bears to a specified percentage of the value of the property. a form of health insurance in which the insured party contributes a specified percentage of the total cost of medical expenses after a deductible has been reached. the percentage contributed by the insured party: My coinsurance is 20%. Compare copay. Origin of coinsurance First recorded in 1885–90; co- + insurance Words nearby coinsurance coin-op, coin-operated, coinosite, coin silver, coinstantaneous, coinsurance, coinsure, coinsurer, Cointreau, coinventor, coir Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020 British Dictionary definitions for coinsurance coinsurance / (ˌkəʊɪnˈʃʊərəns, -ˈʃɔː-) / noun a method of insurance by which property is insured for a certain percentage of its value by a commercial insurance policy while the owner assumes liability for the remainder joint insurance held by two or more persons Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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