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Question: _______ involves proportionate sharing of the insurance among more than one insurer.

Options:

  1.  Reinsurance
  2.  Double Insurance
  3.  Co-insurance
  4.  None

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1 Answer

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Best answer

3. Co-insurance

Co-insurance involves proportionate sharing of the insurance among more than one insurer.


More information:

Coinsurance is the amount must bear by insured against a health insurance claim after paying deductible.

Rest is paid by health insurance plan. So, there is proportionate sharing of the insurance.

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