coinsure

Definition of "coinsure"
  1. This is the act of providing insurance together with another party
How to use "coinsure" in a sentence
  1. In order to spread the risk, the insurance companies decided to coinsure the high-value property.
  2. To manage potential losses, they decided to coinsure the shipment of the valuable art pieces.
  3. Due to its high cost, the museum and an insurance company chose to coinsure the priceless artifact.
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