The captive insurance industry is huge, and the advantages of strategic risk management solutions might benefit one owner differently from another one depending on which jurisdiction they are operating under. In today’s video, we uncover the importance of where to domicile your captive.

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Check out Sun East FCU – https://www.suneast.org/
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Apply for Figure – https://tinyurl.com/CREDITPLUG-Figure
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Federally insured credit unions offer a safe place for you to save your money, with deposits insured up to at least $250,000 per individual depositor. The National Credit Union Share Insurance Fund Insures member savings in federally insured credit unions, which account for about 98 percent of all credit unions in the United States. Deposits at all federal credit unions and the vast majority of state-chartered credit unions are covered by National Credit Union Share Insurance Fund protection, and not one penny of insured savings has ever been lost by a member of a federally insured credit union.

Success as an independent insurance agent REQUIRES access to the best insurance companies. But how do you get them onboard?

This video shares three of the options at a very basic level.

We’ll answer:
– What is an aggregator?
– What is a wholesaler?
– What is binding authority?
– What is an admitted company?
– What are the pros and cons of an aggregator?

This is another video in our My First Million in Insurance series. Our goal is to help you make your first million dollars as an insurance agency owner. Learn more at https://myfirstmillionininsurance.com