Retention of Profits. Self insurance involves modest risk, but provides savings and price stability over traditional insurance. There are many benefits related to self insuring, not the least of which is control over your costs. A poorly designed plan, mishandled claims or just unusually severe or frequent claims during one year, can result in higher costs. These costs, if they occur, can be overcome in future years.
Insurance companies realize that over time a profit is inevitable.
Through self insurance those profits can belong to you, the client. Self insurance isn't for all forms of risk, but it is a cost effective alternative for most businesses. Come in and look around. We will assist you in choosing and setting up the appropriate alternative program that will fit your company or corporate needs. We have welcomed Visitors to our site.