Self-Insurance Is the Practice of Setting Aside Money to Cover

question 93

True/False

Self-insurance is the practice of setting aside money to cover routine claims and buying only "catastrophe" policies to cover big losses.

---

Definitions:

Attorney's Services

Professional legal work provided by a licensed lawyer, including representation, advice, and document preparation.

Work Product

An attorney’s mental impressions, conclusions, and legal theories regarding a case being prepared on behalf of a client. Work product is normally regarded as privileged information.

Reference Materials

Documents, texts, or digital resources used to provide factual information, background knowledge, or support for academic, professional, or personal inquiries.

Legal Memoranda

Written documents used in legal settings that summarize facts, laws, and analyses related to specific legal issues.