Dictionaryco•in•sur•ancePronunciation: (kō"in-shoor'uns, -shûr'-), [key] —n. 1. insurance underwritten jointly with another or others. 2. a form of property insurance in which an insurer assumes liability only for that proportion of a loss which the amount of insurance bears to a specified percentage of the value of the property. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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