👉 "Co insurance" is like a superhero with a catch-22 suit: it stands for "complementary insurance." Picture this: you've got a fire extinguisher (your primary insurance, the one you're supposed to have and know how to use) but then you realize your neighbor's roof is leaking like a wet dog (that's your secondary insurance, the one that's supposed to protect you from the elements but seems to be more of a liability). So, when the rain starts pouring down, you're not just worried about your house getting waterlogged - you're also concerned about your neighbor's shingle replacement bill. That's what co-insurance means: when you and your co-insurer both get paid for part of the damage. Now, here's an edgy sentence: "After the cat started eating my life insurance policy, I realized my co-insurance was 100% on my new catnip subscription."
