Captive Insurance Company (Glossary Word)

This type of self-insurance is the result of a company forming a wholly owned insurance company for the purpose of providing insurance to itself.

Other users searching for also searched for some of the following glossary words and FAQs.

Glossary Words

• Umbrella Policy
• Fixed Annuity
• Underwriting
• Risk Retention Group

FAQs

• What happens if I cause a car accident?
• What happens after I file a claim?