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Investments glossary

Waiver Of Coinsurance Clause


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Quotes of the day:

I wouldn\'t recommend sex, drugs or insanity for everyone, but they\'ve always worked for me.

— Hunter S. Thompson

A waiver of coinsurance clause refers to language in a policy that states the insurance company will not require the policyholder to pay coinsurance, or a percentage of the total claim, under certain conditions.

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