Self-insurance
Definition & Meaning
Part of speech noun
Quick meaning: Self-insurance is a noun meaning The practice of choosing to bear a risk oneself rather than taking out insurance with a third party (an insurance company).
Meaning
The practice of choosing to bear a risk oneself rather than taking out insurance with a third party (an insurance company).
Related Words
Related dictionary entries include limited liability, reinsurance.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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