What is a 80% coinsurance clause 2024?
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Works at the International Organization for Standardization, Lives in Geneva, Switzerland.
Coinsurance is a property insurance provision that penalizes the insured's loss recovery if the limit of insurance purchased by the insured is not at least equal to a specified percentage (commonly 80 percent) of the value of the insured property..Sep 29, 2011
2023-06-15 14:11:55
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Coinsurance is a property insurance provision that penalizes the insured's loss recovery if the limit of insurance purchased by the insured is not at least equal to a specified percentage (commonly 80 percent) of the value of the insured property..Sep 29, 2011