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term:
Self-Insure
self-insure vt
: to insure by self-insurance (as in workers’ compensation) [an employer wishing to its liability “Pennsylvania Statutes“]
vi
: to use self-insurance [a governmental agency that s]
self-in·sur·er n
Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.