Self Insurance Program
Self insurance is an alternative risk management method whereby an eligible risk is retained, but a calculated amount of money is set aside to compensate for a potential future loss.

Chapman's Self Insurance Program helps the insured set aside specific amounts of money that can be used to appropriately fund losses and program expenses. Surplus funds and accumulated investment income are then returned to the insured after payment of all losses and expenses.

The insured retains a predictable level of loss exposure. Excess insurance is purchased on behalf of the insured to protect against large losses and/or a large accumulation of claims. The insured's rates are determined by an actuarial review of their claims history