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Captive Season

Believe it or not, it is already the end of the year! As a business owner you may say there is still time before December 31, and there is, yet time is short. Here is an abbreviated list of things which need to be completed in the upcoming weeks:

  • Run your business –

  • Begin thinking about shopping for Christmas

  • Give thanks (Thanksgiving)

  • Shop for Christmas –

  • Christmas

  • Spend time with your family

  • Implement your Captive Insurance company

Risk Management typically isn’t the number one priority while running your business, running your business is. However, dedicating a few hours now to risk management creates significant benefits moving forward.

The turn-key process of creating your own Captive Insurance Company allows business owners the ability to continue to focus on their operating business with less risk. The turn-key process does take some time and resources to implement and therefore urgency of today requires action.

5 simple steps to get started https://www.youtube.com/watch?v=7FIEbGRaG4w

  1. Get educated – Captive insurance is not for all business owners. Understanding facts helps business owners make smart decisions. What exposures to insure, how claims are made and paid out, ownership options, and complimentary coverage of risks are all variables business owners should understand.

  2. Call ALINK Captive Insurance Services – ALINK Captive Insurance Services helps facilitate and maintain business owner’s Captive Insurance companies. The ALINK team has vast experience in all aspects of Captive Insurance, including the third party administrator, fees, investment, and legal teams to implement and maintain your new insurance company.

  3. Feasibility – The business intake form begins the process of making sure your company fits the proper qualifications for owning your own insurance company. Completion of the form initiates the process and is free of charge.

  4. Phone call with the TPA – Proper communication verifies information as well as confirms proper suitability for the business owner, the administrator, and ALINK Captive Insurance Services.

  5. Engagement - By engaging, all the parties can quickly get to work in underwriting, subscription, approval, and eventual closing of the new insurance company.

Protecting your business should always be a priority for business owners. Taking the time to implement Captive Insurance does that very thing http://www.alinkcis.com/blog/its-about-time-1 . Captive Insurance formally insures exposures a business owner is currently self-insuring or informally insuring.

Call ALINK Captive Insurance Services today to begin the process and create …..

Your Link to Security!

Rich Ericson, President

ALINK Captive Insurance Services

• Direct: 720-213-0583 • Email: Rich@ALINKcis.com

www.ALINKcis.com

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