释义 |
co·insurance \|kō+\ noun Etymology: co- + insurance 1. : joint assumption of risk with another or others (as the sharing of a risk jointly by two or more underwriters) 2. : a system of insurance (as fire insurance) in which the insured is obligated to maintain coverage on a risk at a stipulated percentage of its total value or in the event of loss suffer a penalty in proportion to the deficiency |