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Co-Insurance may mean :-
1/ When a number of insurance or reinsurance companies i.e ( number of reinsurers ) participate and cooperate to cover a single risk.
2/ The policy deductible or the amount that bear by the insured each and every claim.i.e the amount that deduct from total amount of the claim , if the amount of the claim is and the policy deductible is% then the actual amount of the claim to be paid to the insured is, hence the insured here is considered as Co- Insurer.
Thanking you.
Co insurance is an arrangement in which more then one entity manage risk.
هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟