Examples of 'self-insurance' in a sentence
Meaning of "self-insurance"
self-insurance (noun) - a risk management strategy where an individual or organization sets aside funds to cover potential losses instead of purchasing insurance from a third party
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- The practice of choosing to bear a risk oneself rather than taking out insurance with a third party.
How to use "self-insurance" in a sentence
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self-insurance
Provisions for self-insurance are not deductible.
Self-insurance through a wide range of options.
Contributions for self-insurance programmes.
Self-insurance when caring for a disabled child.
Repatriation grant reserve Self-Insurance.
A self-insurance scheme should be instituted to provide compensation in case of accidents.
Captives are essentially a form of self-insurance.
Total or partial self-insurance in itself can become a major financial commitment.
Some jurisdictions will have specific self-insurance regulations.
One problem with self-insurance is that not all countries can afford it.
Authorities will have to assess their approach to self-insurance.
Furthermore, the accumulation of self-insurance can beget competition similar to an arms race.
Yet it would be more helpful to think of investment as self-insurance.
Statutes authorizing self-insurance in a compulsory automobile liability system are often quite vague.
Some firms also participate in various self-insurance arrangements.
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Another consequence of self-insurance is rooted in the ostensibly laudable goal of preserving national sovereignty.
You can define the terms of your self-insurance.
A business can also use self-insurance rather than a third-party insurance entity.
Manage the remaining risk through insurance and self-insurance.
Ask your employers whether it is self-insurance and what kind of insurance you have.
One option might be to assist the industry in developing self-insurance programs.
Self-insurance describes a situation in which a person does not take out any third party insurance.
But he says the industry is also looking at a self-insurance program.
A self-insurance program would necessitate specialized expertise that goes beyond traditional brokers and insurers.
The following types of risk could bear a higher amount of self-insurance.
The court misperceived the role of self-insurance in the context of a compulsory automobile liability system.
Checks could accordingly be carried out so as to guarantee the self-insurance principle.
The perceived need for such self-insurance represents a major deficiency of the international financial system.
A regional stabilization fund could provide countries with a self-insurance scheme.
Under the self-insurance concept, an entity pays for losses from its own cash reserves.
States may fulfil their obligation under the paragraph by a declaration of self-insurance.
That capital and surplus is divided between the self-insurance and the commercial reinsurance markets.
They also referred to the large reserves accumulated by developing countries as self-insurance.
Forms of self-insurance in use by the Organization.
States may fulfil their obligation under this paragraph by a declaration of self-insurance.
Self-insurance reserve fund for Headquarters general liabilities.
This response to uncertainty of an optimizing household represents the typical self-insurance behavior.
Self-insurance Self-insurance is the retention of loss obligations by an organization.
Many developing countries rely on reserve accumulation as a mechanism of self-insurance against liquidity crises.
Self-insurance provisions were mainly recorded by Group insurance and reinsurance subsidiaries.
The most basic domestic policy consists of accumulating international reserves, a form of self-insurance.
The international service agency had also made provisions for a self-insurance fund for employer 's liability claims.
The residual risk should be offset with adequate insurance coverage, contractually negotiated liabilities, and self-insurance.
Various types of Self-Insurance Programmes have existed for many years.
Insurance can create substantial benefits for people who do not have the possibility for self-insurance.
Revenue from contributions for self-insurance programmes from Organization and staff.
Our advisory services Cost control measures Self-Insurance.
Any insurance or self-insurance maintained by Contractor shall be excess of the Subcontractor 's insurance.
In the United States, the most prevalent form of self-insurance is governmental risk management pools.
A certificate of self-insurance may be revoked by the Commissioner of Insurance upon the following grounds,.