WordCmp.com

insurance vs coinsurance

coinsurance vs insurance

insurance and coinsurance both are nouns.

Word NounAdjectiveVerbAdverb
insurance Yes No No No
coinsurance Yes No No No
As nouns, coinsurance is a hyponym of insurance; that is, coinsurance is a word with a more specific, narrower meaning than insurance:
  • insurance: promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
  • coinsurance: insurance issued jointly by two or more underwriters
insurance (noun) coinsurance (noun)
written contract or certificate of insurance insurance issued jointly by two or more underwriters
promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
protection against future loss
Difference between insurance and coinsurance

© WordCmp.com 2024, CC-BY 4.0 / CC-BY-SA 3.0.