word
coinsurance
koh-in-SHUR-ants
koʊɪnˈʃʊərənsListen
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Syllable breakdown
coinsurance
Dictionary meaning
provision in a health or property insurance policy requiring the insured to bear a specified percentage of each covered loss; in health insurance it is the percentage paid by the patient after the deductible; in property insurance it is a minimum coverage requirement
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