What Does Funded Retention Mean?
What does Funded Retention mean? Read on to discover the definition & meaning of the term Funded Retention - to help you better understand the language used in insurance policies.
Funded Retention
A risk financing term referring to a plan under which an organization sets funds aside in advance to pay for losses that have been retained by the organization, rather than transferred to an insurer or another party.
We hope the you have a better understanding of the meaning of Funded Retention.
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