[self-in-shoo
r-uhns, self-] 
| insurance of one's property or interests against possible loss by the establishing of a special fund for the purpose instead of seeking coverage with an underwriter. |
| self-in·sur·ance (sělf'ĭn-shŏŏr'əns) n. Insurance of oneself or one's possessions against possible loss by regularly setting aside funds. self'-in·sure' v., self'-in·sured' adj., self'-in·sur'er n. |