Common use of Deductible and Coinsurance Clause in Contracts

Deductible and Coinsurance. Deductible The annual amount you pay for covered expenses for each pet(s) during the coverage period before we reimburse you our share of coinsurance. Your deductible is shown on the declarations page. Coinsurance Your portion of covered expenses after the deductible is met. Your coinsurance amount is shown on the declarations page.