Self-funded insurance plan / self-insured plan
Glossary
Self-funded insurance plan / self-insured plan
An insurance plan which sees the company have an in-house fund for insurance payouts, rather than paying premiums to an external vendor. This can reduce costs, but also increases risk to solvency in the event of large payouts.
We will always respect your privacy. We will treat your personal details
with the utmost care, and will never sell your information to any third parties. If you choose to receive
occasional updates and advice on how to grow your business you can unsubscribe at any time.
View our Privacy Policy here.