Wesley Sierk's Blog

What are the tax advantages of a captive

Posted in Uncategorized by rwsierk on June 6, 2014

What are the tax advantages of a captive insurance company?
Many companies self-insure and don’t create captive insurance companies. They’re only allowed to deduct the actual claims. 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 of Let’s Get Down to Business, interviews nationally recognized captive insurance company expert, Wes Sierk, ChFC, ACI, ARM.

http://youtu.be/1Xcfk7JaIhk

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