Manage Your Own Risk
In some industries, conventional insurance coverage is very expensive or exclusionary. When that’s the case, Captive Insurance can provide a solution. But essentially becoming your own insurance carrier, you control pricing and risk. The Yurconic Agency can help advise and establish a Captive if it is right for you.
Captive insurance makes sense if:
- You maintain profit of $500,000 or more
- Assuming risk is a necessary part of your business
- Your corporate structure allows you to establish a subsidiary
- You would benefit from substantial tax deductions
- You would like to navigate government or industry regulations