One of the mysteries of the English language finally explained.
Having excessive insurance cover.‘many corporations have discovered that they were considerably overinsured’
- ‘I read an article the other day saying that the majority of Americans are overinsured.’
- ‘However, one evening I was watching a television programme that showed how the vast majority of homeowners are overinsured.’
- ‘Japan, the world's second-largest market for insurance, is often called the most overinsured nation.’
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