coinsurance amount

coinsurance amount
montant de coassurance (2e)

English-French insurance dictionary. 2013.

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  • Coinsurance — is an insurance related term that often describes a splitting or spreading of risk among multiple parties.In the United StatesIn the US insurance market, coinsurance refers to the joint assumption of risk between the insurer and the insured. In… …   Wikipedia

  • coinsurance — [kō΄in shoor′əns] n. 1. a form of property insurance in which the insured shares in losses proportionately to the extent that the amount of insurance falls short of a specified percentage of the value of the insured property 2. joint insurance by …   English World dictionary

  • coinsurance — A provision in an insurance policy that requires the insured to carry an amount of insurance equal to a certain specified percentage of the value of the insured property. The coinsurance provision, or clause, provides for full payment of losses… …   Financial and business terms

  • Coinsurance Formula — The homeowners insurance formula that determines the amount of reimbursement that a homeowner will receive from a claim. The coinsurance formula becomes effective when a homeowner fails to keep coverage of at least 80% of the home s replacement… …   Investment dictionary

  • coinsurance — A relative division of risk between the insurer and the insured, dependent upon the relative amount of the policy and the actual value of the property insured, and taking effect only when the actual loss is partial and less than the amount of the …   Black's law dictionary

  • coinsurance — A relative division of risk between the insurer and the insured, dependent upon the relative amount of the policy and the actual value of the property insured, and taking effect only when the actual loss is partial and less than the amount of the …   Black's law dictionary

  • coinsurance — Literally, two or more policies of insurance issued by different insurers covering the same risk; in modern insurance parlance, a relative division of the risk between insurer and the insured, dependent upon the relative amount of the policy and… …   Ballentine's law dictionary

  • coinsurance — noun insurance issued jointly by two or more underwriters • Derivationally related forms: ↑coinsure • Hypernyms: ↑insurance * * * |kō+ noun Etymology: co + insurance 1. : joint assumption of risk with another or others (as the sharing of a risk… …   Useful english dictionary

  • coinsurance — /koh in shoor euhns, sherr /, n. 1. insurance underwritten jointly with another or others. 2. 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 …   Universalium

  • coinsurance clause — Provision in insurance policy requiring property owner to carry insurance up to an amount determined in accordance with the provisions of the policy …   Black's law dictionary

  • coinsurance clause — Provision in insurance policy requiring property owner to carry insurance up to an amount determined in accordance with the provisions of the policy …   Black's law dictionary

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