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Definitions and Synonyms of self-insurance | Another word for self-insurance | What is self-insurance?

Definition 1: insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy - [noun denoting possession]

(self-insurance is a kind of ...) promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company

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