(especially, US) The joint assumption of risk between the insurer and the insured party.
(especially, US) The joint assumption of risk between the insurer and the insured party.
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(especially, US, metonymic) The amount paid by the insured in accordance with this risk sharing.
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(transitive) To provide for compensation if some specified risk occurs. Often agreed by policy (contract) to offer financial compensation in case of an accident, theft or other undesirable event.
(intransitive) To deal in such contracts; subscribe to a policy of insurance.
(chiefly, _, US, transitive, dated) ; to make sure or certain of; guarantee.
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(international) The joint assumption of risk between multiple insurers.
“Jesse Welles gives us all a little help dealing with co-pays, coinsurance, deductibles and denials. www.youtube.com/watch?v=e9LJ...”
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