Advertisement

Advertisement

self-insurance

[ self-in-shoor-uhns, self- ]

noun

  1. insurance of one's property or interests against possible loss by the establishing of a special fund for the purpose instead of seeking coverage with an underwriter.

self-insurance

noun

  1. 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
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Discover More

Word History and Origins

Origin of self-insurance1

First recorded in 1895–1900
Discover More

Example Sentences

No; that is, I have recently adopted a scheme of mutual self-insurance, and the loss falls pro rata on my other vessels.

Advertisement

Advertisement

Advertisement

Advertisement

self-instructionalself-insure

Browse

  • #
  • aa
  • bb
  • cc
  • dd
  • ee
  • ff
  • gg
  • hh
  • ii
  • jj
  • kk
  • ll
  • mm
  • nn
  • oo
  • pp
  • qq
  • rr
  • ss
  • tt
  • uu
  • vv
  • ww
  • xx
  • yy
  • zz