When employed workers are imperfectly insured against the occurrence of such spells, they hoard assets for self-insurance purposes.
In short, it is an in-house self-insurance vehicle.
These include the establishment of self-insurance schemes.
The industry makes provision for self-insurance against material damage—for example, to its stations—through its mutually owned subsidiary.
I am sure that he understands that the legislation has nothing to do with self-insurance: it is do with third party compulsory insurance.
Checks could accordingly be carried out so as to guarantee the self-insurance principle.
That is a major objection at present to any proposal which encourages an increase in self-insurance by local authorities.
Prevention is self-protection; control is self-insurance.
