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Self-insurance
SELF-INSURANCE

Definition: Laying aside a fund to cover losses.
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* All eight elements would be in.


1. Resources put aside fully owned by setter. USABLE.

2. Purposeful and necessary to prepare... for the worst.

3. Secureness - safety, value, etc. in place. WORTHY.

4. Projection of loss to come measurable and assessable.

5. Management is being professionally handled. SECURE.

6. Quantity or amount under management clearly adequate.

7. Maximum effort to avoid loss is being made. VALUED.

8. Keeping fund, apart, in readiness, serves purpose(s).
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See perfect PENNYWISE.

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