Definition of self-insurance in English:
Insurance of oneself or one’s interests by maintaining a fund to cover possible losses rather than by purchasing an insurance policy.
- Here in Australia, a lot of businesses tend to see credit insurance as a choice of self-insurance, and a cost.
- That said, self-insurance can result in dramatic savings.
- Choosing a fee-based adviser is a form of self-insurance if you like.
Definition of self-insurance in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in India
Most popular in Pakistan