Self-insurance definition

Self-insurance means the licence holder's financial capacity to meet any liability to a third party in respect of which the licence holder does not otherwise have insurance.
Self-insurance means the Licensee's financial capacity to meet any liability to a third party in respect of which the Licensee does not otherwise have insurance.
Self-insurance means the SNRP holder's financial capacity to meet any liability to a third party in respect of which the SNRP holder does not otherwise have insurance.

Examples of Self-insurance in a sentence

  • In the event the Contractor is self-insured, Contractor shall furnish a Certificate of Permission to Self-Insure, signed by the Department of Industrial Relations Administration of Self-Insurance, Sacramento, California.

  • Such public entity shall provide a Certificate of Self-Insurance.

  • Compliance with criteria set forth in FAR 28.308 entitled, Self-Insurance.

  • Please Note: The State Insurance Fund provides its own version of this form, the U- 26.3; orC) Form SI-12, Certificate of Workers’ Compensation Self-Insurance (the business calls the Board’s Self-Insurance Office at 518-402-0247), or GSI-105.2, Certificate of Participation in Worker’s Compensation Group Self-Insurance (the business’s Group Self-Insurance Administrator will send this form to the government entity upon request).

  • The properties of each Loan Party and its Subsidiaries are insured with one or more Third Party Insurance Companies and/or pursuant to Permitted Self-Insurance, in compliance with the provisions of Section 6.07 and otherwise in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where such Loan Party or the applicable Subsidiary operates.


More Definitions of Self-insurance

Self-insurance means a formal program of advance funding and management of entity financial exposure to a risk of loss that is not transferred through the purchase of an insurance policy or contract.
Self-insurance means the assumption or retention of the risk of loss by the contractor, whether voluntarily or involun- tarily. Self-insurance includes the deductible portion of pur- chased insurance.
Self-insurance means any arrangement under which a person provides for spreading its own risks by a systematic plan.
Self-insurance means a formal program of advance funding and
Self-insurance means an arrangement under which a person provides for spreading its own risks by a systematic plan.
Self-insurance has the meaning specified in Section 6.07(a).
Self-insurance means any arrangement under which a person provides for spreading