I’m often asked what is the profile of a business who should consider a captive insurance subsidiary?
The following facts should be in place before you consider doing a captive:
Your business makes more than $700,000 per year in annual profits on a consistent basis.
Your business does more than $15,000,000 in annual sales.
You can identify insurable risks [...]
Filed under: Financial Planning, For Business Owners, Risk Management, Value Creation, Wealth Management | Tagged: asset protection, Business Succession Strategies, Captive Insurance, Captive Insurance Strategies, Risk Management, Wealth Transfer Planning | 1 Comment »