This is a can of ready-to-go dulce de leche, but Iâve always thought it was cool that you can pretty much make this yourself by simmering cans of sweetened condensed milk! Itâs nice if youâre stuck in Antarctica and need dulce de leche but canât find any in your local supermarket.
Using either simply to reduce premiums is foolish, and could prove to be very dangerous. A self-insured retention means that the insured carries a fixed amount of risk, including adjusting and legal expenses. The insurance policy, whether a primary or umbrella contract, is excess coverage above the SIR.
Thatâs $150 a day times 365 days in a year times three years. Therefore, if you have that amount in liquid assets per person (money not needed to fund core expenses), you can self-insure for that three-year period. If you do invest in such a long-term care policy, the probability of collecting on it is low.