MLchartDataset catalogue

Funded covers

Term · Insurance and risk management · MLC-T-INS-001613

Insurance arrangements where the policyholder pays premiums into a dedicated fund, which is then used to pay claims as they arise. This mechanism is common for self-insurance programs or captive insurance companies, providing a structured way to finance potential losses. The fund's assets are typically invested to grow over time.

Table 1. Record
IdentifierMLC-T-INS-001613
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001613",
  "term": "Funded covers",
  "field": "Insurance and risk management",
  "definition": "Insurance arrangements where the policyholder pays premiums into a dedicated fund, which is then used to pay claims as they arise. This mechanism is common for self-insurance programs or captive insurance companies, providing a structured way to finance potential losses. The fund's assets are typically invested to grow over time.",
  "url": "https://mlchart.com/terminology/insurance/funded-covers/"
}

Record 1,503 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.