An FCU cannot sell a debt cancellation contract under a CAP programme in which the FCU actually operates in a form of self-insurance. Self-insurance is defined as a “plan in which the insured (e.g.B. the company) makes available in a fund sufficient sums to cover any loss of liability that may arise”. BLACK`S LAW DICTIONARY 806 (6th edition in 1990). An FCU would insure itself if, for vehicles subject to a debt cancellation contract, the FCU set a special reserve to finance the resulting credit defaults, instead of acquiring CAP insurance cover from an insurance provider. . . .