Large Deductible Plans

Product Solutions

Guaranteed Cost Workers Compensation

Large Deductible Plans

Captive Programs

Rent-a-Captive Programs

Individual Self Insured Plans

Excess Placement

Account Size $500,000 to Unlimited

Large deductible workers compensation programs are a very common risk-financing alternative for insureds. They can offer cash flow benefits to its members while reducing the long-term cost of insurance.

SUMMARY OF ADVANTAGES AND DISADVANTAGES OF LARGE DEDUCTIBLE PROGRAMS

Advantages to Insured

• Advantages of self-insurance without having to obtain regulatory approval, especially in multistate operations
• Advantages of self-insurance without incurring high start-up costs
• Significant cash flow advantage
• Maintain all services of insurer
• Easy access and easy exit
• Possible stepping-stone to self-insurance
• No fronting fees
• Possible RML savings
• Possible tax savings
• May be able to improve experience modifier
• Increased incentive for implementing loss control programs

Underwriters:
Gerry.Dumke@caitlin-morgan.com
Chris.Murray@caitlin-morgan.com