Funded retention

Term · Insurance and risk management · MLC-T-INS-001615

A risk financing strategy where an organization sets aside specific financial resources to cover potential losses that fall within its self-insured retention or deductible. This involves creating a dedicated fund, often through regular contributions, to pay for claims up to a predetermined limit. The fund provides a structured approach to managing predictable losses.

Table 1. Record
Identifier	MLC-T-INS-001615
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-001615",
  "term": "Funded retention",
  "field": "Insurance and risk management",
  "definition": "A risk financing strategy where an organization sets aside specific financial resources to cover potential losses that fall within its self-insured retention or deductible. This involves creating a dedicated fund, often through regular contributions, to pay for claims up to a predetermined limit. The fund provides a structured approach to managing predictable losses.",
  "url": "https://mlchart.com/terminology/insurance/funded-retention/"
}

Record 1,505 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.