underinsure

Dictionary: un·der·in·sure (ŭn'dər-ĭn-shʊr') pronunciation

tr.v., -sured, -sur·ing, -sures.
To insure under a policy that provides inadequate benefits: Be certain that you are not underinsured against catastrophic illness.

underinsurance un'der·in·sur'ance n.

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Insurance Dictionary: Underinsurance

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1. Failure to maintain adequate coverage for a specific loss or damage.

2. Failure to meet a Coinsurance requirement.

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		Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more
		Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more