What is a Captive insurance company?
Employee Benefits are insurance that covers a group of people who are usually the members of societies, employees of a common employer, or professionals in a common group.
Group coverage helps reduce premium costs because it reduces the insurance carrier's risk by creating a pool of people to insure who are together for reasons other than obtaining insurance. Group benefits can also be a powerful incentive to keep and attract great employees.
How can my company benefit from joining a captive?
Group Health Insurance
Group health insurance coverage is a policy that is purchased by an employer and is offered to eligible employees of the company (and often to the employees' family members) as a benefit of working for that company. A group health insurance plan is a major part of many employee benefits packages that employers provide for their employees.
Group Life Insurance
Group life insurance (also known as wholesale life insurance or institutional life insurance) is term insurance covering a group of people, usually employees of a company, members of a union or association, or members of a pension or superannuation fund. Individual proof of insurability is not normally a consideration in the underwriting. Rather, the underwriter considers the size, turnover, and financial strength of the group.
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Las Vegas, NV 89102
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Having the proper business insurance coverage at an affordable rate can make the difference between the success and failure of your business. Allow our commercial insurance experts to help guide you to success.
Elevate Insurance currently has offices in Las Vegas, Nevada and Idaho Falls, Idaho. We proudly serve the geographical areas of Southern Nevada and Southeast Idaho. More specifically focusing in Las Vegas, North Las Vegas, and Henderson, Nevada; and in Idaho Falls, Ammon, Blackfoot and Rigby, Idaho.