self-insurern.
/ˌsɛlfᵻnˈʃʊərə/, /ˌsɛlfᵻnˈʃɔːrə/, U.S. /ˌsɛlfᵻnˈʃʊrər/ A person or company that has self-insurance (self-insurance n.).In quot. 1853: a person who covers his or her own losses.
ΚΠ
1853 tr. in Assurance Mag. 3 151 If in case of a fire the insured objects should exceed the sum insured, and they should be partly saved, the assured will be considered as self-insurer [Ger. Selbst-Versicherer] for the excess.
1915 Compensation Legislation 1914 & 1915 (U.S. Dept. Labor: Bureau Labor Statistics Publ. No. 185) 34 Employers may act as self-insurers, but must do so in accordance with rules prescribed by the compensation commissioner.
1972 Accountant 5 Oct. 422/1 Premiums..are tax-deductible... This is an important advantage for the self-insurer.
2002 Austral. Financial Rev. (Sydney) 9 Aug. 63 Previously, self-insurers could insure for claims only from the date they became self-insurers.
This entry has been updated (OED Third Edition, January 2018; most recently modified version published online March 2022).
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n.1853- african molerat
- african national congress
- african nightshade
- african oak
- african oil palm
- african or chinese sugar cane
- african palm civet
- african partridge
- african pearwood
- african penguin
- african pepper
- african pompano
- african potato
- african ragwort
- african rice
- african rosewood
- african saffron
- african snowdrop tree
- african socialism
- african spinach
- african star bush
- african swine fever
- african tea tree
- african teak
- african tulip