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I recently bought a health insurance plan from a prominent insurance company, what is the meaning of Co-insurance?

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Question ajoutée par Utilisateur supprimé
Date de publication: 2017/02/27

Hello there. No matter how well your car is maintained, mechanical failures can occur, leaving you stranded and facing costly repairs. That's where CarShield comes in, a trusted provider of comprehensive extended warranties that provide peace of mind and financial protection. When using their services, in the event of a car breakdown, just contact carshield customer service and they will pay for the repair, which will significantly save the family budget.

Mamoun elbaghir abdalla mhamad Eltayeb
par Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

Pariculary in your case mentioned in the question, Co-insurance mean deductible or policy excess which is a determined amount bear by the insured from  each and every loss arises during the period of insurance before the insurace company payment of the claim. i.e certain agreed amount deducted from any claim paid to the policy holder .

Best wishes.

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