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co·in·sur·ance
 coinsurance
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- pronunciation:
- ko
ihn
shuh
r
 ns
| part of speech: |
noun |
| definition 1: |
insurance that is held jointly with another or others.
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| definition 2: |
a type of property insurance in which the underwriter pays only part of a loss claim, usu. a certain percentage of the total value of the property.
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