Coinsurance – Single Policy – (ALTA 23-06, CLTA 114.3-06)
One policy is issued by the lead co-insurer and the other co-insurer issues a coinsurance endorsement for one transaction. The other co-insurer incorporates the terms of the policy issued by the lead co-insurer.
ALTA_Endorsement_23-06_Coinsurance_-_Single_Policy_10-16-08[1] ALTA 23-06,
CLTA 114.3-06