What does Funded Self Insurance mean? Read on to discover the definition & meaning of the term Funded Self Insurance - to help you better understand the language used in insurance policies.
Funded Self Insurance
A more formalized approach to self-insurance involving the creation of an earmarked asset account to match loss reserves. Distinguished from "unfounded" or "pay-as-you-go" self-insurance.
We hope the you have a better understanding of the meaning of Funded Self Insurance.