self-in·sur·ance (s lf  n-sh r  ns)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
| Noun | 1. | 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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