If you are a business owner who is trying to find optimal insurance coverage, you have a number of options. You could make the decision to sign up for traditional insurance, or you could decide to take advantage of some of the additional perks that association captives offer. Also called a group captive, this coverage will include general liability, workers’ comp, property and casualty, and much more. Basically, a captive takes multiple businesses (typically within the same market) and forms a group, which lets individual members to enjoy limits or coverage that would not have been available to them individually. As part of a group captive, you will be able to manage coverage limits very well and have the right to not only underwriting, but investment income as well.
Talk to an Expert
If you would like to find out more about this coverage and determine if it is ideal for your business, you should contact an expert. When you turn to a top-notch insurance company, you are sure to benefit from their unbeatable services. Not only will a specialist know the ins and outs of the industry, but they can also help you out with risk and investment management and other financial services. Association captives could provide a number of perks for your business, but it is imperative to work with truly knowledgeable professionals.