All of the following are examples of risk retention EXCEPT:

Risk retention refers to the practice of assuming responsibility for certain risks rather than transferring them to an insurance company. This can include mechanisms such as deductibles, copayments, and self-insurance, where an individual or organization keeps a portion of the risk rather than relying entirely on insurance coverage.

Premiums, on the other hand, are the payments made to an insurance company for coverage and do not represent a retention of risk. Instead, paying premiums is a method of transferring risk from the individual or organization to the insurer. This transaction allows for claims to be made for covered losses, indicating that the risk is being transferred rather than retained.

Thus, premiums are not a form of risk retention, which is why this choice stands apart from examples that truly involve retaining risk. It clarifies the distinction between merely paying for insurance and actively managing potential losses through retention strategies.