• What is Coinsurance?
    Insurance Terminology
    Coinsurance is the percentage amount, such as 80/20 that states how much the insured pays and how much the insurance company pays. After the deductible is paid, coinsurance applies.
    #insurance #healthcare #financial #business #value #cryptoasset
    What is Coinsurance? Insurance Terminology Coinsurance is the percentage amount, such as 80/20 that states how much the insured pays and how much the insurance company pays. After the deductible is paid, coinsurance applies. #insurance #healthcare #financial #business #value #cryptoasset
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  • Consideration in Insurance
    Consideration is an exchange of value between parties of the contract. The insurance company provides consideration by promising to pay a covered loss. The insured provides consideration, as well as an offer to buy, through the statements on the application and payment of premium.
    #insurance #asset #healthcare #medical #financial #cryptoasset
    Consideration in Insurance Consideration is an exchange of value between parties of the contract. The insurance company provides consideration by promising to pay a covered loss. The insured provides consideration, as well as an offer to buy, through the statements on the application and payment of premium. #insurance #asset #healthcare #medical #financial #cryptoasset
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