(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
Found on http://www.encyclo.co.uk/local/20197
When a group of insurers cover a risk together.
Found on http://www.encyclo.co.uk/local/20662
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.encyclo.co.uk/local/20965
Co-insurance is an insurance-related term that describes a splitting or spreading of risk among multiple parties. ==In the United States== In the US insurance market, coinsurance is the joint assumption of risk between the insurer and the insured. In title insurance it also means the sharing of risks between two or more title insurance companies.
Found on http://en.wikipedia.org/wiki/Co-insurance
Co-insurance refers to money that an individual is required to pay for services, after a deductible
Found on http://www.superglossary.com/Glossary/Health/Health_Insurance/
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