Published: Feb 13, 2023
In today's insurance market, traditional carriers are reducing their claims exposure, leading to larger deductibles that put more pressure on insured parties - not the insurer. Business owners with an insurance policy or policies covering seven or more individuals, automobiles, buildings or other exposures can reduce this risk through a tax-deferred funding option called an 831(b) Plan.
The Deductible Reimbursement solution from SRA is an ideal choice for businesses that wish to alleviate the burden of high deductible policies. By setting aside tax-deferred reserves, companies can offset the impact of a large deductible on their cash flow.
Learn more through a real-world video example: