Description: A captive insurance company is formed to provide insurance protection to businesses and related entities. Increase your income and decrease your taxes.
Forming a captive insurance company is a way to cover gaps, exclusions, and deductibles in existing insurance policies. In addition, a captive can also issue tailored policies to provide protection against risks which may not be readily available or too costly with typical commercial policies. See what captives cover. Entity structure and favorable tax exemptions create additional wealth for the business owner.
When establishing your own captive insurance solution, you add additional coverage for risk exposures that are specific to your business. Additionally, costs associated with high premiums such as overhead for marketing, advertising, commissions paid to agents, and other overhead related to running an insurance company are reduced if not eliminated. As a result, your captive may markedly reduce your existing commercial insurance costs and provide more coverage.
Captive Nation provides captive insurance formation and management services. Captive insurance helps companies thrive in the good times and survive the tough times. Captive formations enables companies to protect assets, decrease taxes and costs, increase income and cash flow and leverage capital to create additional wealth accumulation for the business owner.