self-insured risk

  • 1Self insurance — is a risk management method in which a calculated amount of money is set aside to compensate for the potential future loss. More colloquially, the term self insured is used as a euphemism for uninsured. [http://www.slate.com/id/2075714/] If self… …

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  • 2Risk Management Information Systems — (RMIS) are typically computerized systems that assist in consolidating property values, claims, policy, and exposure information and provide the tracking and management reporting capabilities to enable you to monitor and control your overall cost …

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  • 3Self-insure — A method of managing risk by setting aside a pool of money to be used if an unexpected loss occurs. Theoretically, one can self insure against any type of loss. However, in practice, most people choose to buy insurance against potentially large,… …

    Investment dictionary

  • 4Self-funded health care — describes a self insurance arrangement whereby an employer provides health or disability benefits to employees by assuming the direct risk for payment of their claims for benefits. The terms of eligibility and coverage are set forth in a plan… …

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  • 5Risk management — For non business risks, see risk, and the disambiguation page risk analysis Example of risk management: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, assessment,… …

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  • 6Self-Build Insurance — An insurance policy that provides coverage during the construction of a new home, additional structure, renovation or conversion. Self build insurance provides financial compensation for setbacks and problems that may occur during the project,… …

    Investment dictionary

  • 7Terrorism Risk Insurance Act — The Terrorism Risk Insurance Act (TRIA) is a United States federal law signed into law by President George W. Bush on November 26, 2002. The Act created a federal backstop for insurance claims related to acts of terrorism. The Act is intended as… …

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  • 8Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …

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  • 9Insurance in the United States — refers to the market for risk in the United States of America. Some main features of insurance could be said to be, *the benefit provided by a particular kind of indemnity contract, called an insurance policy; *that is issued by one of several… …

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  • 10Third party administrator — A third party administrator (TPA) is an organization that processes insurance claims for a separate entity. [cite web|url=http://www.pbs.org/healthcarecrisis/glossary.htm |author=PBS |title=Glossary of Healthcare terms |accessdate=2008 02 26]… …

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