Maksud perkataan self-insurance dalam bahasa Melayu

Apakah maksud self-insurance dalam bahasa Inggeris? Terokai maksud, sebutan dan penggunaan khusus perkataan ini bersama Lingoland

self-insurance

US /ˌself.ɪnˈʃʊr.əns/
UK /ˌself.ɪnˈʃʊə.rəns/
"self-insurance" picture

Kata Nama

insurans kendiri

a system in which a business or individual assumes financial responsibility for their own risks, rather than transferring them to an insurance company

Contoh:
Many large corporations opt for self-insurance to manage their employee health benefits.
Banyak syarikat besar memilih insurans kendiri untuk menguruskan faedah kesihatan pekerja mereka.
The company decided to switch to self-insurance to reduce premium costs.
Syarikat itu memutuskan untuk beralih kepada insurans kendiri untuk mengurangkan kos premium.