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Alternative Risk Funding Alternative risk funding insurance is a method of self-insurance.
It finances risk exposure alternatively to the traditional approach, with insurance companies collecting premiums and assuming the risk. Instead, the insured party assumes a significant portion of its own risk. Aviation Aviation insurance is coverage that is related to aircraft. It can include liability coverage, accident insurance for any aircraft passengers, or coverage of the actual aircraft and its contents. Auto insurance for businesses functions similarly to personal auto insurance, providing coverage for injury, damage, or theft.