A better question might be, “Did you just weaken your business by sending a large check to the IRS?”
And, if you answered, “yes” to that question, would you instead like to strengthen your business by sending far smaller checks to the IRS?
If you can affirmatively say, “yes” to the following statement, “I want to make my business stronger and more survivable
As noted in last week’s Captivating Thinking, cell captive insurance companies have burgeoned in the last few years. There are numerous varieties of cell structures including series cells, protected cells, incorporated cells and other varieties of cell captive.
What is a Cell Captive?
While cell captives take different forms, in essence they involve a group of related or unrelated people working together to share certain costs and benefits of owning captive insurance companies. They involve (essentially) purchasing your own segregated piece, or “cell”, of an existing captive insurance company. They are often positioned as a very low cost way for a small or mid-market business to benefit from captive ownership. Cell captives are tethered
Much of the growth of the captive insurance industry is being driven by micro-captives, the type that serve small and mid-market businesses. And, some of that growth has resulted from increased use of “cell” captive structures—protected cell captives, incorporated cell captives, series cell captives and other varieties of cells.
What is a cell captive?
Much of the growth of the captive insurance industry is being driven by micro-captives, the type that serve small and mid-market businesses. And, some of that growth has resulted from increased use of “cell” captive structures—protected cell captives, incorporated cell captives, series cell captives and other varieties of cells.
What is a cell captive?