Learn More about Captive Insurance

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What is Captive Insurance?

Captive Insurance is defined as a insurance company that is wholly owned and controlled by it’s  members or insured's. In essence, for those that qualify you will “own your own insurance company”.

Why Consider Captive Insurance as an option?

A collection of business owners can realize many benefits from using a captive as part of its risk management program. Significant advantages include the ability to share in creation of it’s own insurance policies, underwriting profit and investment income. By utilizing a captive, as opposed to relying on traditional insurance, the captive owners essentially retain, the premiums paid into the captive, earn income from the investment of the funds, and retain potential underwriting profit. 

Key advantages to captive Insurance

 - Tax deduction for the participating company for the insurance premium paid to the captive; 


 - Various other tax savings opportunities, including gift and estate tax savings for the shareholders      and income tax savings for both the captive and the parent; 


 - Opportunity to accumulate wealth in a tax-favored vehicle; 


 - Distributions (dividends) to captive owners at favorable income tax rates;  Based on profitability.


- Asset protection from the claims of business and personal creditors; 


- Insuring risks that would otherwise be uninsurable. (Cannabis – Cannabis Beverages)


Who would be a good fit for a Captive? See below

Solutions for

Alcoholic Beverage Manufacturers

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Wine, Beer, Cider and Spirits Beverages

Non-Alcoholic Beverages

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 Water, Juice, Natural, Alternate Beverages

Food Production

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Processing of Meat, Fish and Poultry 

Restaurant Chains

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Restaurant Chains, Franchises and Groups

Cannabis

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Manufacturing Facilities

Cannabis Infused Beverages

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Infused Cannabis Beverage Manufacturing