Captive Insurance Companies
There are certain advantages that captive insurance offers a business owner:
- Captive insurance allows a business owner to insure certain risks that are generally financially prohibitive to insure.
- Captive insurance allows a business owner to obtain coverage that would not otherwise be available.
- Captive insurance allows a business owner to obtain certain tax advantages.
- A captive insurance company can be domestically or internationally based.
Yes, You Can Lose Everything!
You may think that your wealth is safe and that you don't need protection. But don't delude yourself and accept reality — For every 60 minutes you spend making money, spend 60 seconds thinking about how to protect it!