Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. Insurance held jointly by two or more insurers.
  • n. A form of insurance in which a person insures property for less than its full value and agrees to be responsible for the difference.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. The joint assumption of risk between the insurer and the insured party.
  • n. The joint assumption of risk between multiple insurers.

from the GNU version of the Collaborative International Dictionary of English

  • n. Insurance jointly with another or others; specif., that system of fire insurance in which the insurer is treated as insuring himself to the extent of that part of the risk not covered by his policy, so that any loss is apportioned between him and the insurance company on the principle of average, as in marine insurance or between other insurers.

from The Century Dictionary and Cyclopedia

  • n. See insurance.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. insurance issued jointly by two or more underwriters

Etymologies

co- +‎ insurance (Wiktionary)

Examples

Comments

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