What Does Planned Retention Mean?

Free Business Insurance Quote Click Here
What does Planned Retention mean? Read on to discover the definition & meaning of the term Planned Retention - to help you better understand the language used in insurance policies.

Planned Retention

Planned Retention

A risk financing term referring to retention of losses by an organization as a result of a conscious decision. The organization is aware of the loss and exposure and makes a decision to assume the exposure.

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

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