coinsurance

• Sustantivo que denota un tipo de seguro en el que dos o más aseguradoras o suscriptores comparten el riesgo y las primas, o bien la cláusula por la cual el asegurado asume una parte proporcional de los gastos cubiertos.

A noun referring to insurance coverage that is provided jointly by two or more insurers or underwriters, sharing the risk and premiums.

incontable

1. Joint insurance policyC1formallegal

   An insurance policy issued jointly by two or more underwriters, where each assumes a portion of the risk.

   Coaseguro (póliza conjunta)

   • The building was covered by a coinsurance agreement between three major companies.
   • Coinsurance allows large risks to be shared among multiple insurers.
   • The policyholder received a single contract, but the liability was divided among the coinsurers.