self-insure Definition and Meaning in English (self-insure definition)
verbSynonyms:self-fundassume risk
Quick Answer • Definition
Self-insure definition: To assume financial responsibility for potential losses rather than purchasing an insurance policy from a third party.
Definitions of Self-insure
- 1verb
To assume financial responsibility for potential losses rather than purchasing an insurance policy from a third party.
Example Sentences
business
“Many large corporations choose to self-insure their employee health benefits.”
business
“Instead of paying high premiums, some businesses decide to self-insure against minor damages.”
Synonyms
self-fundassume risk
Antonyms
insurebuy insurance
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Popular TopicsInflected Word Forms
past participleself-insured
present participleself-insuring
nounself-insurance
Frequently Asked Questions: Self-insure in English
What is the meaning of Self-insure in English?▼
Self-insure definition: To assume financial responsibility for potential losses rather than purchasing an insurance policy from a third party.
How do you translate 'Self-insure' to English?▼
'Self-insure' translates to 'self-insure' in English. Self-insure definition: To assume financial responsibility for potential losses rather than purchasing an insurance policy from a third party.
How do you pronounce 'Self-insure' and 'self-insure'?▼
Listen to clear English audio pronunciation of 'Self-insure' and native English audio speech for 'self-insure' with bilingual sentence examples on DictBridge.
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