gōng​gòng​bǎo​xiǎn

coinsurance

Senses

公共保险/ 公共保險 gōng​gòng​bǎo​xiǎn coinsurance

An arrangement where multiple insurers share the risk of a single insured interest, typically when the total insured value from several contracts does not exceed the actual value of the property.

References

classifier 公共保险/公共保險 种/種