A proximate cause is the immediate cause that resulted in the observed reaction. The ultimate cause is the original event that started the chain of events that led to the obse â¦ rved reaction. For example, if a person is observed to fall, the proximate cause of the fall might be tripping over an object.
Coinsurance. Coinsurance is a health care cost sharing between you and your insurance company. The cost sharing ranges from 80/20 to even 50/50. For example, if your coinsurance is 80/20, that means that your insurer covers 80% of annual medical expenses and you pay the remaining 20%. The cost sharing stops when medical expenses reach your out-of-pocket maximum, which usually is between $1,000 and $5,000.
Many property insurance coverage forms contain coinsurance clauses. the stated coinsurance percentage of the insurable value of the covered property. despite their widespread presence, much confusion stems from these coinsurance provisions. ultimate recovery for a loss. ramifications of the coinsurance clause on a covered loss.