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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·sur′er n.


(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


insurance of one's property or interests by setting aside funds to cover possible loss.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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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References in periodicals archive ?
Self-insuring "offers an option for employers to provide benefits to their workers that they might not otherwise be able to afford," said Mike Ferguson, president and CEO of the Self-Insurance Institute of America.
Administration of self-insurance scheme should be performed according to the Ministry of Foreign Affairs set conditions, summer, coverage and terms.
Members of the House today voted 400-16 for the Self-Insurance Protection Act bill.
The Self-Insurance Institute of America hopes a new presidential administration will help it get the third version of a stop-loss defense measure signed into law.
actions reducing the probability of a loss) and optimal self-insurance actions (i.
SELF-INSURANCE FOR MEDICAL BENEFITS is sometimes seen as a step into the unknown.
However, employers willing to accept some risk can save money with the QualChoice self-insurance plan, Stock said, if their workforce uses less health care than the community average.
21) Though the director has not yet promulgated rules and regulations governing professional liability self-insurance, the State of Rhode Island Division of Motor Vehicles and the State of Rhode Island Department of Labor and Training Self-Insurance Unit both have promulgated self-insurance regulations for their respective industries.
com)-- The Self-Insurance Institute of America, Inc.
For about every employer, a letter of credit, or LOC, opens the door to self-insurance.
FASI was formed in 1969 to promote and maintain a healthy environment for workers' compensation self-insurance in Florida.
When the Governor and the legislature moved to enact stopgap measures in June to ensure that workers receiving compensation for workplace injuries from defaulting self-insurance entities will continue receiving their benefits, the Workers' Compensation Board (WCB) was granted vastly increased regulatory tools to supervise the financial health of self-insurance entities and authorization to obtain funds to pay the claims against insolvent self-insurers.