Mark Johnson said:
You wrote: IIf you are willing to take a gamble you might benefit from self-insurance. I couldn't have said it any better. Self insurance is a gamble but instead of taking a gamble, small to mid sized businesses should consider captive insurance. Unlike self insurance where the company assumes all the risk, captive insurance allows the business owner to shift that risk to the privately owned captive insurance company. I think that is a much better alternative than self insurance. Thanks for a wonderful article. Companies like Capstone Associated (www.capstoneassociated.com) offer turnkey captive solutions that fits most budgets...