Definify.com

Definition 2024

coinsurance

coinsurance

English

Alternative forms

co-insurance

Noun

coinsurance ‎(countable and uncountable, plural coinsurances)

(US) The joint assumption of risk between the insurer and the insured party.
(international) The joint assumption of risk between multiple insurers.

Translations

joint assumption of risk between insurer and insured

Danish: selvrisiko
Dutch: eigen risico m
French: franchise (fr) f
German: Selbstbeteiligung (de) f, Eigenanteil m

Italian: franchigia (it) f
Russian: франшиза (ru) ‎(franšiza)
Spanish: participación propia f, franquicia (es) f, coaseguro m, deducible m
Swedish: självrisk
Turkish: koasürans

joint assumption of risk between multiple insurers

German: Mitversicherung f

See also