noun
self-insurance
A business or risk management term referring to setting aside funds to cover potential losses instead of purchasing external insurance.
大企業は自家保険を選択することがある。
Large companies sometimes opt for self-insurance.
保険 is general insurance, while 自家保険 specifically means self-insurance, where the entity bears the risk itself.
Compound of 自家 (self, one's own) and 保険 (insurance).