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coinsurance是什么意思，coinsurance翻译
Coinsurance: A Key Concept in Insurance
When it comes to understanding the intricacies of insurance, coinsurance is a term that is often encountered. Coinsurance is a provision in an insurance policy that requires the policyholder to share in the cost of a claim, up to a specified percentage. This concept is designed to prevent underinsurance and encourage policyholders to adequately insure their properties or assets. In this article, we will delve into the details of coinsurance, exploring its definition, importance, and how it affects policyholders.
What is Coinsurance?
Coinsurance is a concept that applies to property insurance policies, particularly for homeowners and commercial properties. It is a form of risk
