Vessel has its own cranes and equipment mounted on board for loading/unloading. Used in ports where shore cranes and equipment are lacking.

A retirement plan administered by a trustee. In this type of plan, the trustee receives the contributions, invests the money received, collects the profits, and pays benefits to the employees eligible to receive them.

A plan wherein eligible claims are paid by an employer, rather than by an insurer. This is usually only done in the case of an employer whose claim costs remain fairly steady and easy to predict.

An injury the insured has inflicted upon him or herself.

A special case of planned retention-not Insurance. Exposures must be numerous enough for the loss experience o be fairly predictable.

The fraction of a risk that the insured assumes him or herself. This fraction may be the deductible, it may be the uninsured portion, or it may be self-insured.

An alternative to purchasing reinsurance. This is done by an insurer who creates a fund used to pay for losses beyond normal means.