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

  • The Training Vendor, as a self-insured governmental entity, shall provide to the SFWIB, prior to the execution of this Agreement, a letter from the Training Vendor stating that the Training Vendor is self-insured and maintains an ongoing Self-Insurance Program as allowed under the Florida Statutes and that such self-insurance offers protection applicable to the Training Vendor’s officers, employees, servants and agents while acting within the scope of their employment with the Training Vendor.

  • All House Officers are provided with professional liability insurance coverage through the Hospital’s Self-Insurance Program for all activities and rotations undertaken and approved as part of House Officer’s specific training program.

  • WSU and its officers, employees, and agents, while acting in good faith within the scope of their official WSU duties, are covered by the State of Washington Self-Insurance Program and the Tort Claims Act (RCW 4.92.060 et seq.), and successful claims against WSU and its employees, officers, and agents in the performance of their official WSU duties in good faith under this Agreement will be paid from the tort claims liability account as provided in RCW 4.92.130.

  • In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2021-2022, the benefits and employee share of premiums for the State Employees Group Health Self-Insurance Plan shall remain unchanged for Fiscal Year 2021-2022.

  • The Firm should contact its insurance agent to obtain acceptable proof of DB Insurance Coverage: • Form DB-120.1 – “Certificate of Insurance Coverage Under the NYS Disability Benefits Law” or • Form DB-155 – “Compliance with Disability Benefits Law” issued by the Self-Insurance Office of the Workers’ Compensation Board if the Firm is self-insured.


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 has the meaning specified in Section 6.07(a).
Self-insurance means an arrangement under which a person provides for spreading its own risks by a systematic plan.
Self-insurance means deductibles, retrospective premiums, self-insured retentions or other forms of self-insurance, including related fees and expenses.