COINSURANCE


Meaning of COINSURANCE in English

co ‧ in ‧ sur ‧ ance /ˌkəʊɪnˈʃʊərəns $ ˌkoʊɪnˈʃʊr-/ BrE AmE noun [uncountable] American English

1 . a type of insurance in which the payment is split between two people, especially between an employer and a worker:

health coinsurance

2 . insurance that will only pay for part of the value or cost of something

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.