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coinsurance clause

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Insurance policy stipulation that a building must be insured for at least a certain percentage (usually 80 percent) of its insurable value (appraised or market value of the property less value of land) in order to collect the full amount of a partial-loss claim on it.
  • risk

  • policy

  • third-party ins...

  • letter of indem...

  • employer's liab...

  • insurance

  • force majeure

  • ex gratia payme...

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