SALE ENDS AT MIDNIGHT: Get started with $1000 off!

Self Insurance

Self Insurance

Instead of buying insurance from an insurance company, some companies put a lot of money away to use in an emergency. This is called self insurance.

This is not always the wisest course of action. If the company has a multi-million dollar emergency, they might not have enough ready cash and might end up declaring bankruptcy.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.