What does Active Retention mean? Read on to discover the definition & meaning of the term Active Retention - to help you better understand the language used in insurance policies.
Active retention is the act of saving financial resources with the intention of using them to compensate for losses in the future. This is a form of self-insurance that acts as an alternative to paying premiums to an insurance company for coverage.
We hope the you have a better understanding of the meaning of Active Retention.