A general term used to describe a plan of employee coverage in which the employee pays at least part of the premium.
A general term used to describe a plan of employee coverage in which the employee pays at least part of the premium.
Management of the pure risks to which a Company might be subject. It involves analyzing all exposures for the possibility of loss, and determining how to handle these exposures through such practices as avoiding the risk, retaining the risk, reducing the risk, or transferring the risk, usually by insurance.