different between reinsurance vs coinsurance
reinsurance
English
Etymology
re- +? insurance
Noun
reinsurance (countable and uncountable, plural reinsurances)
- (business, insurance) Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized.
Translations
reinsurance From the web:
- what reinsurance means
- what insurance covers dental implants
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- what insurance covers ivf
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- what insurance covers invisalign
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coinsurance
English
Alternative forms
- co-insurance
Etymology
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
See also
- coinsurer
- copayment
- deductible
coinsurance From the web:
- what coinsurance means
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- what coinsurance means in spanish
- coinsurance what does it mean in spanish
- what is coinsurance vs copay
- what is coinsurance in insurance
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- what does coinsurance 100 mean
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