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Daily Archives: March 17, 2021

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Coinsurance: What is it and why does it exist?

Business InsuranceBy Kate JacksonMarch 17, 2021

If you’ve ever read through your company’s insurance policy, you may have noticed a coinsurance clause. Coinsurance can be found in most commercial property policies and some business insurance, errors and omissions and directors and officers policies. It is usually found in the policy conditions section of your commercial policy.   What is the coinsurance…

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