What is a Captive?
Captive insurance is not an insurance product, but an insurance company. It is one you form specifically to insure your companies and their risks. They provide enhanced risk management, vis-à-vis commercial insurance companies, while lowering taxes and other costs.
U.S. based captive insurance companies may not collect more than $2,400,000 in premiums per year.
- Holding Company Tips
- Properly Title Assets
- Draft Agreements Between Entities
- Don't Comingle Funds
- Treat The Entities as Separate
- Consult With an Attorney
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