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Definitions from WordNet

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Term: coinsure

Description:

Coinsure is a verb that means to jointly or mutually share the responsibility or risk of insuring something with another party. It implies dividing the insurance coverage or spreading the risk between multiple insurers or individuals.

Sample Sentences:

• As a way to minimize risk, the business decided to coinsure their assets with different insurance providers.
• John and Jane coinsured their new house to protect themselves from potential loss in case of a natural disaster.
• The art gallery coinsures their valuable art collections with specialized insurers to ensure comprehensive coverage.

Possible Related Products:

Books about Coinsurance