Look up: co-insurance

1. 
   co-insurance
   (i) Co-insurance involves the sharing of an insurance risk between two or more primary insurance companies. There is a contractual link between the insured and the various insurance companies: this mechanism differs from reinsurance; (ii) Co-insurance sometimes relates to the sharing of a risk between the insured and an insurance company, with the benefit of a lower premium charged by the latter.
   Found on http://www.prudential.co.uk/prudential-p
   
   
2. 
   Co-insurance
   When a group of insurers cover a risk together.
   Found on http://www.carinsurances.co.uk/glossary.
   
   
3. 
   Co-insurance
   Is a insurance coverage technique that is used in larger developments. The coverage is shared between several insurance companies, each covering a certain percentage of the total value of the property.
   Found on http://www.understandingforeclosure.info
   
   
4. 
   Coinsurance
   Is a hedging or risk management term. It refers to the amount of loss that the investor is positioned to take. When a firm is 85 percent hedged, then it is said that the firm is coinsuring the remainder or 15 percent. When an individual holds 100 shares of stock priced at $80/share and is also long a put with a $75 strike price, the individual is said to be coinsuring for $500 or the difference between the market price and the exercise price.
   Found on http://www.oasismanagement.com/glossary/
   
   
5. 
   coinsurance
   [n] - insurance issued jointly by two or more underwriters
   Found on http://www.webdictionary.co.uk/definitio
   
   
6. 
   Coinsurance
   Coinsurance: A provision by which the insured individual shares in the cost of certain expenses. The same as co-payment.
   Found on http://www.medterms.com/script/main/art.
   
   
7. 
   Coinsurance
   Co`in·sur'ance noun [ Co- + insurance .] Insurance jointly with another or others; specif., that system of fire insurance in which the insurer is treated as insuring himself to the extent of that part of the risk not covered by his policy, so that any loss is apportioned between him and the insurance company on the principle of average, as in marine insurance or between other insurers.
   Found on http://www.encyclo.co.uk/webster/C/106
   
   
8. 
   coinsurance
   A provision by which the insured individual shares in the cost of certain expenses. The same as copayment. ... (12 Dec 1998) ...
   Found on http://www.mondofacto.com/facts/dictiona
   
   
9. 
   coinsurance
   noun insurance issued jointly by two or more underwriters
   Found on http://wordnet.princeton.edu/perl/webwn?
   
   
10. 
    Coinsurance
    Coinsurance is an insurance-related term that often describes a splitting or spreading of risk among multiple parties.
    Found on http://en.wikipedia.org/wiki/Coinsurance
    
    
11. 
    Coinsurance
    • (n.) Insurance jointly with another or others; specif., that system of fire insurance in which the insurer is treated as insuring himself to the extent of that part of the risk not covered by his policy, so that any loss is apportioned between him and the insurance company on the principle of average, as in marine insurance or between other ...
    Found on http://thinkexist.com/dictionary/meaning
    
    
12. 
    coinsurance
    (from the article `insurance`) If the insurance amount is less than 80 percent, a coinsurance clause is triggered, the operation of which reduces the recovery amount to the value ... Although there is no coinsurance clause as such in the ocean marine policy, losses are settled as though a 100 percent coinsurance clause existed. ... ....
    Found on http://www.britannica.com/eb/a-z/c/107
    
    
13. 
    coinsurance
    Payment of a fixed percentage of the total charge (i.e., 20%, 30%, etc.).…
    Found on http://www.oenb.at/dictionary/termini.js
    
    
14. 
    coinsurance
    The percentage of costs of medical care that a patient pays out of pocket. Coinsurance is most commonly found in indemnity, fee-for-service insurance and the PPO market. Its absence in the HMO arena is one of the strong marketing appeals of HMOs.…
    Found on http://www.oenb.at/dictionary/termini.js
    
    
15. 
    Coinsurance
    The portion of eligible expenses that plan members are responsible paying, most often after the deductible is met. (CIGNA Choice Fund offers an employer the opportunity to add coinsurance to the fund.) It's usually determined as a percentage of the total cost.
    Found on http://www.cigna.com/glossary/glossary.h
    
    
16. 
    College of Insurance
    The `College of Insurance` (TCI) was a specialized accredited college, started by insurance industry leaders in 1901 as an insurance library society, the `Insurance Society of New York` (ISNY). The Insurance Society of New York initially provided study space and material to young people entering the insurance industry, and served as a site for insurance lectures. Over the years, ISNY developed a curriculum based upon these lectures. The curriculm...
    Found on http://en.wikipedia.org/wiki/College_of_
    
    
17. 
    collision insurance
    (from the article `motor vehicle insurance`) Liability insurance pays for damage to someone else`s property or for injury to other persons resulting from an accident for which the insured is ...
    Found on http://www.britannica.com/eb/a-z/c/110
    
    
18. 
    Commerce National Insurance
    `Commerce National Insurance`, `Commerce National Insurance Services`, or `Commerce Insurance Services` is the insurance subsidiary of Commerce Bancorp and maintains its headquarters in Cherry Hill, New Jersey. Commerce National is one of the 25 largest insurance agencies in the United States, and is licensed in all 50 states. The current chief executive of Commerce National is George Norcross III.
    Found on http://en.wikipedia.org/wiki/Commerce_Na
    
    
19. 
    commercial insurance
    Prudential has for a number of years conducted commerical insurance. These policies included Public Liability, Employers Liabilty, Administration Bonds, Bonds of Caution, Defective Title, Restrictive Covenant, Legal Indemnity and Legal Contingency. The administration of these policies is done by a third party, VSB Services. If you have any queries or a claim, please contact VSB Services by telephone on 020 7400 9999 or by letter at Riverbridge House, Anchor Boulevard, Crossways, Dartford, Kent, DA2 6SL.
    Found on http://www.prudential.co.uk/prudential-p
    
    
20. 
    comprehensive insurance
    Coverage of a number of different risks (e.g. third-party liability, fire, theft in motor insurance).
    Found on http://www.prudential.co.uk/prudential-p
    
    
21. 
    Comprehensive insurance
    A term used to describe an insurance policy in which a wide range of risks are... <a target=_blank href='http://www.finance-glossary.com/terms/comprehensive-insurance.htm?id=287&ginPtrCode=00000&PopupMode=false' title='Read full definition of comprehensive insurance'>more</a>
    Found on http://www.finance-glossary.com/pages/ho
    
    
22. 
    comprehensive insurance
    (from the article `motor vehicle insurance`) ...to other persons resulting from an accident for which the insured is judged legally liable; collision insurance pays for damage to the insured car ...
    Found on http://www.britannica.com/eb/a-z/c/122
    
    
23. 
    Comprehensive Major Medical Insurance
    A policy designed to provide the protection offered by both a basic and major medical health insurance policy. It is generally characterized by a low deductible, a co-insurance feature, and high maximum benefits.
    Found on http://www.pohly.com/terms_c.html
    
    
24. 
    compulsory insurance
    Any type of insurance that is required by law. As an example, third-party motor insurance is usually compulsory, but not protection against theft.
    Found on http://www.prudential.co.uk/prudential-p
    
    
25. 
    Compulsory Insurance
    Insurances that the lender requires a borrower to have in place as a condition of the mortgage, the most common one being buildings insurance.
    Found on http://www.ukifas.co.uk/glossary.shtml