self-insure

verb

self-in·​sure ˌself-in-ˈshu̇r How to pronounce self-insure (audio)
-in-ˈshər-
self-insured; self-insuring; self-insures

intransitive verb

: to insure oneself
especially : to practice self-insurance
self-insurer noun

Examples of self-insure in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Indeed, Delaware companies with substantial balance sheets that otherwise might choose to self-insure their D&O risks will still purchase Side A insurance because of the non-indemnifiable derivative suit settlement exposure. Priya Cherian Huskins, Forbes, 9 Oct. 2024 So, at the time, MetLife had self-insured, meaning that there wasn’t an outside insurance company. Harvard Business Review, 23 July 2024 That money comes straight out of the public treasury, because San Diego County is self-insured. Jeff McDonald, The Mercury News, 3 July 2024 The national medical program, with no co-pays or exclusions, is available to residents along with the option of private health care with out-of-pocket costs that can be self-insured or paid through a private insurance policy. Patricia Doherty, Travel + Leisure, 19 May 2024 Many providers of gender-affirming care are protected from rising premiums such as health centers that receive federal funding, which are covered under the Federal Tort Claims Act, or academic medical centers and Planned Parenthood clinics, which are self-insured. Tribune News Service, Hartford Courant, 16 Jan. 2024 The settlements and jury awards are paid out of the public treasury because the county is self-insured. Jeff McDonald, San Diego Union-Tribune, 30 Nov. 2023 But federally supported Medicare and Medicaid still don’t cover the drugs for obesity, and much of the commercial market is self-insured. David Wainer, WSJ, 20 Oct. 2023 With this combination, little losses are self-insured. Jon Stojan, USA TODAY, 6 Sep. 2023

Word History

First Known Use

1932, in the meaning defined above

Time Traveler
The first known use of self-insure was in 1932

Dictionary Entries Near self-insure

Cite this Entry

“Self-insure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/self-insure. Accessed 14 Nov. 2024.

Legal Definition

self-insure

transitive verb
self-in·​sure
ˌself-in-ˈshu̇r
: to insure by self-insurance (as in workers' compensation)
an employer wishing to self-insure its liabilityPennsylvania Statutes

intransitive verb

: to use self-insurance
a governmental agency that self-insures
self-insurer noun
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!