Pooled Insurance

{
  "id": "MLC-T-ENV-021593",
  "term": "Pooled Insurance",
  "field": "Environment",
  "definition": "An insurance pool refers to a group of organizations that insures certain risks, sharing premiums, losses, and expenses among themselves. Generally, \"pooling\" is used when a single entity does not have significant enough liabilities or resources to attain insurance and/or is not large enough to self-insure.",
  "subject": "Land, waste and cleanup",
  "references": [
    "Environmental Insurance and Risk Management Tools Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/pooled-insurance/"
}