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23 October, 06:50

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

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  1. 23 October, 09:26
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    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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