[IMGCAP(1)]As an accountant, I have a question for you. How many of your clients own their own captive insurance company?
I can guess that the answer will be less than two, maybe one, probably zero. In reality, many financial advisors and accountants are not familiar with captive insurance. A captive is a form of self-insurance through which a parent company establishes its own insurance company that is licensed by a state insurance department.
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