What Does Complete Retention Mean?

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What does Complete Retention mean? Read on to discover the definition & meaning of the term Complete Retention - to help you better understand the language used in insurance policies.

Complete Retention

Complete Retention

Risk financing technique in which the organization assumes the entire risk of loss, rather than transferring that risk to another entity, such as an insurer.

We hope the you have a better understanding of the meaning of Complete Retention.

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