coinsurer

coinsurer
/koh'in shoor"euhr, -sherr"-/, n.
1. a person or firm that contracts as an insurer jointly with another or others.
2. an insured who is liable to bear part of the loss under a coinsurance provision.
[CO- + INSURER]

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Universalium. 2010.

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Look at other dictionaries:

  • Coinsurer — One of the parties that provides additional insurance to the same person or policy. A Coinsurer provides partial coverage along with other coinsurers. Coinsurers are generally used when the amount being covered is too large for a single insurer… …   Investment dictionary

  • coinsurer — noun see coinsure …   New Collegiate Dictionary

  • coinsurer — n. one who jointly provides insurance with others; one who is jointly responsible for insurance …   English contemporary dictionary

  • coinsurer — co·insurer …   English syllables

  • coinsurer — Insurer who shares losses sustained under policy …   Black's law dictionary

  • coinsurer — Insurer who shares losses sustained under policy …   Black's law dictionary

  • coinsurer — One of two or more insurers who have issued policies covering the same risk, and who contribute ratably in case of loss. Chesbrough v Home Ins. Co. 61 Mich 333, 335; the position or status of the insured under a coinsurance clause. See… …   Ballentine's law dictionary

  • coinsurer — |kō+ noun Etymology: co + insurer : one that assumes liability as an insurer jointly with another : one subject to penalty under a coinsurance clause * * * /koh in shoor euhr, sherr /, n. 1. a person or firm that contracts as an insurer jointly… …   Useful english dictionary

  • coinsure — transitive verb Date: 1886 to insure jointly • coinsurer noun …   New Collegiate Dictionary

  • coinsure — verb a) To insure (or be insured) jointly with another b) To take out coinsurance See Also: coinsurance, coinsurer …   Wiktionary

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