Wednesday, June 4, 2014

What are the tax advantages? | Captive Insurance Companies



Many companies self-insure instead of creating captive insurance companies. They're only allowed to deduct the actual claims, however. A captive insurance company can deduct the company funding, negotiate direct with reinsurance companies, and profit from the difference between claims and premium. Steve Savant, syndicated financial columnist and talk show host, interviews nationally recognized captive insurance company expert Wes Sierk on this episode of "Let's Get Down to Business."

About Steve Savant

Steve Savant

As the National Marketing Spokesperson for Ash Brokerage, Steve Savant looks forward to meeting financial professionals in every way possible - in person or by video through conferences and social media.

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