Choosing the Right Insurance: How Does Captive Insurance Work?
Are you trying to figure out how to choose the right insurance and are wondering, "How does captive insurance work?" Read this article for more.
Choosing insurance can be stressful.
Companies want to know all their options before making a decision. If you aren’t familiar with the term captive insurance you might wonder, “How does captive insurance work?”
Even those in the business world could struggle to understand captive insurance. Insurance companies have been around for centuries. The industry is growing to this day, but what makes captive insurance so appealing?
Companies choose this type of insurance in specific situations. Picking captive insurance comes with a weighing of options.
Let’s find out what your options are.
Define Captive Insurance
Captive insurance is d...