self-insurance

noun

The practice of choosing to bear a risk oneself rather than taking out insurance with a third party (an insurance company).

Meanings

nounself-insurance (uncountable)
  1. uncountableThe practice of choosing to bear a risk oneself rather than taking out insurance with a third party (an insurance company).
Cite this entry
APA

self-insurance. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/self-insurance

MLA

“self-insurance.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/self-insurance. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “self-insurance,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/self-insurance.

Source: self-insurance on Wiktionary, CC BY-SA 4.0.