What does Partial Retention mean? Read on to discover the definition & meaning of the term Partial Retention - to help you better understand the language used in insurance policies.
A risk financing term referring to an organization's retention of a portion of the risk and transfer of the remaining portion. Examples include using a large deductible program or a self-insured retention (SIR) with excess insurance coverage.
We hope the you have a better understanding of the meaning of Partial Retention.