self-insurance :

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self-insurance


  • n  insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy

  • The student does not do his upmost in his studies, nor does he possess the self-insurance necessary for him to face the complexing problems of college .
  • House Education and Labor varies requirements according to the size of the company, allowing self-insurance for companies employing more than 100, as does House Ways and Means.
  • British competitors are merging into scrappier combines, international airlines are buzzing about pooling their assets for self-insurance, and nationalistic governments are .
News & Articles

Quotes

  • Glenn Stevens in The Edge Daily
    In particular, the build-up in reserves has gone a long way past what seems sufficient for self-insurance purposes, and has surely complicated monetary policy in some cases, not least in China,said Stevens.
  • Steve Levy in Newsday
    Were the state to facilitate the creation of a buying consortium, "it would allow for the option of the school districts to piggy-back onto the very successful self-insurance program that Suffolk County has adopted, or at least model the system we...
  • Guillermo Ortiz in Globe and Mail
    Mexican central bank Governor Guillermo Ortiz said he remains concerned that IMF "legitimacy" is "not likely to happen soon," while his Brazilian counterpart, Henrique Meirelles said "self-insurance works better," according to accounts by...

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