coinsurance clause

coinsurance clause. A provision in an insurance policy requiring a property owner to carry separate insurance up to an amount stated in the policy to qualify for full coverage. — Also termed contribution clause. [Cases: In-surance 2170. C.J.S. Insurance § 1110.]

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词条贡献者

双语律师Stephanie，毕业于法国一流的高级翻译学院，擅长翻译各类与上诉案件相关的法律文件。