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Insurance of oneself or one's possessions against possible loss by regularly setting aside funds.
(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.
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|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