Turn Business Insurance Premiums Into Profits

2 years ago
8

Captive Insurance can turn business insurance premiums into profits, some key benefits are:
-Creates an Insurance Company to accept some of a Business’s risk
-Keeps a significant amount of your current insurance premiums in profit center
-Creates a more cost-effective way to cover the need of commercial insurance
-Gives the business the ability to re-invest insurance premiums
-Creates another financial planning vehicle that offers the same asset protection as a business
-Enables a business to more effectively manage its insurance risks
-Gives the business the ability to insure risks that most commercial insurance companies won’t, such as; loss of a key contract, business income protection, regulatory change, key supplier and/or accounts receivable

General Business Eligibility Guidelines:
-Doing $10,000,000+ a year in revenue
-Currently paying $250,000+ a year in insurance premium

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