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Co-insurance is an operation allowing several insurance companies to guarantee the same risk or a set of risks by means of a single contract. Insurers often have difficulty guaranteeing certain risks because of the importance of the capital to be covered and/or the risk which symbolizes the amounts to beRead More →

Reinsurance and Coinsurance: What are the differences and how do they affect you?

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What are reinsurance and coinsurance? 1. Coinsurance We start by talking about coinsurance because it is the simplest term to understand a priori. To understand it perfectly, you must familiarize yourself with another terminology: insurance concurrence. As its name indicates, it is about the different insurances, with different coverage, periods ofRead More →