What Does Self-Insurer Mean?

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What does Self-Insurer mean? Read on to discover the definition & meaning of the term Self-Insurer - to help you better understand the language used in insurance policies.

Self-Insurer

Self-Insurer

A self-insurer is a business entity that takes care of its employees' future insurance needs instead of passing those needs on to an insurance company. It does this by setting aside money from its own income or investments specifically for this purpose.

We hope the you have a better understanding of the meaning of Self-Insurer.

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