What provision provide to the sharing expenses between the insured in the insurance company?

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04-04-2018
Social Studies

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What provision provide to the sharing expenses between the insured in the insurance company?

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andriansp andriansp · Answer 1 · 2018-04-13T09:14:57+02:00

andriansp andriansp

13-04-2018

I believe the answer is: Coinsurance
Coinsurance is calculated by deducting the percentage of cost that covered by insurance after you pay your deductable.
Coinsurance usually expressed as a fixed percentage, and must be paid after the claim and deductibles are settled.

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