What Does Funded Self Insurance Mean?

Free Business Insurance Quote Click Here
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

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.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here