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

Question

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

Options:

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

Answer 1

3. Co-insurance

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

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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.