Better Insurance for the Whole Business
When you get insurance at work, it is usually because you have signed on with a group plan for yourself and all your employees. This is what is known and understood so most businesses opt for it. You may be wondering what else you can do. If you have not yet heard of captive insurance, now is the time. It is where your company actually owns its own insurance company.
You may not be in the insurance business but for the sake of getting better coverage, you may as well be. Consider how much you have to pay into the plan. Now consider how much your employees pay into the plan. If you were running your own insurance, as with the Captive insurance industry, those rates can be lower due to the fact you will be the one making the profits.
It is now possible to have an employee owned, company owned insurance company based from your business itself. This is done with the help of a captive insurance service. They will help you get set up for this and then you can do it on your own. Think about the advantages. You and your teams will get more comprehensive coverage with lower premiums than would be paid for otherwise.
You can set up some of the very best insurance for your company. If you have ever wondered how some companies get such outstanding insurance, this is the way it is done. Become a part of this divergent industry and get out beyond the limits of prescribed insurance. This can cover all of medical, dental, vision, and even other insurance should you wish to offer it.
It also means you and your employees never have to be rejected by insurance again. This is a great way to create employee loyalty and to do good for the families of the members of your company.