English Explanatory Dictionary

coinsurance

English dictionary entry

Meanings

noun
  1. The joint assumption of risk between the insurer and the insured party.
  2. The amount paid by the insured in accordance with this risk sharing.
  3. The joint assumption of risk between multiple insurers.

Pronunciation

LL-Q1860 (eng)-Wodencafe-coinsurance.wav

Word forms

coinsurance coinsurances co-insurance

Etymology

From co- + insurance.

Related words

coinsurer copayment deductible

Translations

Danish: selvrisiko Dutch: eigen risico French: franchise German: Selbstbeteiligung German: Eigenanteil Italian: franchigia Russian: франшиза Spanish: participación propia Spanish: franquicia Spanish: coaseguro Spanish: deducible Swedish: självrisk Turkish: koasürans
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