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In the United States, essentially the most prevalent type of self-insurance is governmental danger administration pools. They are self-funded cooperatives, cutt.ly working as carriers of coverage for virtually all of governmental entities right now, corresponding to county governments, municipalities, and college districts. Rather than these entities independently self-insure and threat chapter from a big judgment or catastrophic loss, such governmental entities form a danger pool. Such pools begin their operations by capitalization via member deposits or bond issuance. Coverage is offered by the pool to its members, much like coverage offered by insurance companies.
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