# Self-insurance

- Canonical URL: https://www.gerhardmerk.de/self-insurance-2
- Post ID: 588766
- Modified: 2023-07-25T21:13:42+00:00
- Language: en

## Definition

A company retains a risk in its own books and sets aside a provision for the potential future loss (a risk is retained, but a calculated amount of money is set aside to compensate for the potential future loss). In this way, one saves on the insurance premium, and in some cases self-insurance is also worthwhile for accounting and tax reasons. - See self-insurance, deductible, insurance. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1