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self-insurance

   Also found in: Medical 0.02 sec.
self-in·sur·ance (slfn-shrns)
n.
Insurance of oneself or one's possessions against possible loss by regularly setting aside funds.

self-in·sure v.
self-in·sured adj.
self-in·surer n.

self-insurance
n
(Business / Insurance) the practice of insuring oneself or one's property by accumulating a reserve out of one's income or funds rather than by purchase of an insurance policy
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.self-insurance - insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company


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The conference will highlight self-insurance and alternative risk transfer business opportunities that are emerging in key international markets.
FASI was formed in 1969 to promote and maintain a healthy environment for workers' compensation self-insurance in Florida.
Material is applicable to all sizes of employer groups, from the small employer using a multiple- employer trust to the large employer relying on alternative funding methods, including self-insurance.
 
 
 
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