The Baron Group, LLC

Description

This type insurance company is called a captive insurance company (CIC) because it is captive to you, meaning your company (or a trust for the benefit of your heirs) owns the reinsurance company and it provides insurance specific to the needs of your business. Your business files claims, pays the premiums and you as the owner can direct the underwriting profits.

Typically, the risks covered are those that are particular to you company and your business and ones that you control. As an example, currently if your company were to be audited your company would have to pay various expenses to engage your attorney or CPA to represent you, etc. If your company received a cyber attack on your computers or software you would incur other expenses, etc.

We shop throughout the country to locate FDIC-insured banks offering the highest CD rates. We are a financial planning services firm providing meticulous service and consulting with multiple banks to find the best yields. We are able to identify the top rates for most maturities and specialize in 3 month, 6 month, 1 year and 3 year terms. We do not charge a fee for this service and assist in facilitating any required paper work.

We specialize in both fixed annuities and equity indexed annuities to meet the needs for our clients.

The Average American is paying .54 to .64 of every dollar they earn on interest and taxes. Your Family Bank® is a legal, legitimate plan that recaptures some of this loss and lets your family’s nest egg grow safely and predictably. This is a time tested concept that has been around for over 200 years.

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