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Meaning of self-insurance | Babel Free

Noun CEFR C2

Definitions

The practice of choosing to bear a risk oneself rather than taking out insurance with a third party (an insurance company).

uncountable

CEFR level

C2

Mastery
This word is part of the CEFR C2 vocabulary — mastery level.

See also

self-intensifier self-interest self-interested self-interestedness self-interpreter self-interruption