The Insurance News Net article “How captive insurance can save high net worth clients’ hard-earned money” by Randy Sadler of CIC Services explores the benefits of using captive insurance for high net worth individuals. Sadler argues that captive insurance can help protect their assets and save them money in the long run by offering tailored insurance coverage and reinvesting insurance costs.
3 Reasons High Net-Worth clients Should Choose Captive Insurance
- Additional diversification of estate planning structure
- Costly premiums can be used as an additional profit center
- Captive insurance can fill the gaps in traditional insurance plan