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Give an appropriate remedy for correcting excessive pollution and note any difficulties in implementing it.
Coinsurance Clause
A provision in an insurance policy that defines the percentage of the claim amount to be shared between the insurer and the insured.
Short-rate Refund
A return of a portion of the premium on an insurance policy that is canceled by the policyholder before its expiration, calculated at less than a pro-rata basis.
Premium Rate
The cost rate of insurance coverage per unit of coverage, reflecting the risk and administrative costs.
Coinsurance Clause
A provision in an insurance policy that defines the split of responsibility for payment between the insurer and the insured.
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