What is the meaning of self-insurance?

noun

  • Insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). self-insurance. Retrieved September 25, 2026, from http://smartdefine.org/self-insurance/definitions/1242916
ChicagoWordNet. 2010. "self-insurance" http://smartdefine.org/self-insurance/definitions/1242916 (accessed September 25, 2026).
HarvardWordNet 2010, self-insurance, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/self-insurance/definitions/1242916>.
MLAWordNet. "self-insurance" 23 October 2010. Web. 25 September 2026. <http://smartdefine.org/self-insurance/definitions/1242916>