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Coinsurance clauses are found in many property policies as


Coinsurance clauses are found in many property policies as well as in many health insurance policies, although the purpose of each is vastly different.

Explain the purpose of the coinsurance in both types of insurance.

Coinsurance in property insurance:

Coinsurance in health insurance:

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Financial Management: Coinsurance clauses are found in many property policies as
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