Avatar

How To Use 831(a) Captives To Protect Against the Loss of an Uninsurable Business Owner or Key Employee



Watch Now!
Recording and Slides are Available Here


One of the biggest letdowns seasoned insurance professionals can experience is when a valued client comes back from underwriting as an uninsurable. Whether that’s the result of a history of health problems, a disease diagnosis or a profession that causes the applicant to be too risky to insure, not being able to qualify for life and/or disability insurance at any price can be a difficult pill to swallow for both the producer and the client.

In the past, proposed insureds who found themselves in this situation had few attractive options. Some would simply improvise and cobble life insurance protection together by maxing out their group term coverage, converting their group coverage to an individual permanent policy, buying a survivorship policy with a split option, getting coverage using a spousal rider, or trying to get into a guaranteed/simplified issue program at work or through an affinity program. A recent development in the 831(a) captive insurance space could help insurance professionals find the coverage their uninsurable clients need, and merits closer scrutiny

Oxford Research Group has developed a game-changing risk management program which can be tailored to meet your client’s specific needs, including business income losses resulting from the loss of a business owner or other key employee, even if they're uninsurable. Their low frequency-high severity policy offers protection for business net income losses due to the loss of its owner or another key employee in the event your client's business suffer financial loss attributable to: 1) the death of the business owner or another key employee, 2) bodily injury to the business owner or another key employee, resulting in inability to perform the same type of work that was performed prior to the injury, 3) the illness of the business owner or another key employee resulting in the loss of services of such owner or key employee for a period of 60 days or longer.

In his exclusive LISI Webinar, Mike DiMayo, Managing Partner, Oxford Risk Management Group will demonstrate how this program can provide protection against the risk of loss of income when alternative commercial insurance policies prove to be too costly or unavailable. Highlights include the following:

  • What a specialty captive solution is and how it addresses difficult insurance challenges;
  • What the competitive rate structure looks like;
  • How flexible and customized solutions can be created;
  • How streamlinedand& efficient eligibility processing works; and
  • How business ownwer clients can enjoy underwriting profits that result from the program.

Mike DiMayo CFP, ACI, CLU, ChFC is a Principal of Oxford Risk Management Group, one of the country’s fastest growing and dominant market leaders in the enterprise risk captive insurance industry. Oxford’s “Best-in-Class” team of professional specialists includes the world’s most prominent attorneys, actuaries, risk managers, and auditors who live and breathe captive insurance every day; the most experienced and credentialed independent advisory team anywhere. Oxford has developed outstanding relationships with domestic and international insurance regulatory teams. Their captive platforms have passed rigorous due-diligence review and are recommended by the nation’s leading legal, accounting, insurance and investment advisory firms. Oxford was selected to work with the Self-Insurance Institute of America (SIIA) to provide comments and analysis to Members of Congress that helped shape the PATH Act and legislative changes to 831(b) and has received industry awards for excellence. Oxford brings Fortune 500-style enterprise risk management to small and mid-size organizations on a turn-key basis. Risk management solutions delivered to bring predicable results, while remaining in compliance with all laws and regulations, with legendary attention to customer service. Oxford was recognized by Captive Review for the second consecutive year as one of the Top 20 Key Influencers for Enterprise Risk Captives.



There will be no CE for this webinar


For those who have a conflict with the date/time, The session will be recorded. Simply register and you will have unlimited access to the recording.

Although they are scheduled for a particular time and date - once purchased - they can be viewed at ANY TIME!.

If you are not a LISI member please use the Buy Now Button below to pay the non-member price of $149.

Registrant Email:

After you pay you will be sent a link with the registration information. Your webinar registration is designed for one individual user and groups up to 5 individuals. Sharing beyond this is not permitted. If you are interested in group access to our webinar content, please send an email to lisiwebinars@gmail.com

If you have any questions, please contact webinaradmin@leimbergservices.com

NOTE: To pay using a credit card, use the botton labeled
"Pay with Debit or Credit Card" after clicking the Buy Now button below.

If you are a LISI member, please login below to receive the member price of $129 for this webinar.

Forgot Password?

To become a LISI member Click Here

Mike DiMayo CFP, ACI, CLU, ChFC is a Principal of Oxford Risk Management Group, one of the country’s fastest growing and dominant market leaders in the enterprise risk captive insurance industry. Oxford’s “Best-in-Class” team of professional specialists includes the world’s most prominent attorneys, actuaries, risk managers, and auditors who live and breathe captive insurance every day; the most experienced and credentialed independent advisory team anywhere. Oxford has developed outstanding relationships with domestic and international insurance regulatory teams. Their captive platforms have passed rigorous due-diligence review and are recommended by the nation’s leading legal, accounting, insurance and investment advisory firms.


Avatar Avatar Avatar

Ed Morrow Jonathan Blattmachr Martin Shenkman,

September 30, 2020 1:00PM ET - 2:30PM ET ET

Leading Tools and Techniques to Avoid State Income Tax on Non-Grantor Trusts after Kaestner and Fielding

More Info
Avatar Avatar

Steve Gorin Steve Trytten

October 1, 2020 3:00PM ET - 4:30PM ET ET

Drafting under the SECURE Act – Expanded and Updated with Scenarios & Sample Language - A Special Re-Broadcast

More Info
Avatar

Bob Keebler

October 1, 2020 1:00 PM - 2:00 PM ET ET

Tax Aspects of Decanting : A Special Re-Broadcast

More Info
Avatar

Steve Siegel

October 2, 2020 3:00PM ET - 4:30PM ET ET

Understanding S Corporations: From Cradle to Grave, Part 1

More Info
Avatar

Bob Keebler

October 02, 2020 1 PM 2:30 pm ET

NEW PPP LOANS: Phase 4 Coronavirus Package – A First Look

More Info
Avatar Avatar

Colleen Flynn Alan Gassman

October 08, 2020 3:00PM ET - 4:30PM ET

Pitfalls for Employers to Avoid when Reopening or Returning Workers to the Office During COVID-19

More Info
Avatar

Steve Siegel

October 09, 2020 1:00PM ET - 2:30PM ET

Understanding S Corporations: From Cradle to Grave, Part 2

More Info
Avatar

Mark Merric

October 09, 2020 3:00PM ET - 4:30PM ET

Part 2: Mark Merric’s Three-Part International Estate Planning Series

More Info
Avatar

Gary L. Flotron

October 16, 2020 3:00PM ET 4:30PM ET ET

Understanding Life Insurance and Rethinking Policy Management and Evaluation: Explaining the Unexplainable

More Info
Avatar

Mark Merric

October 23, 2020 3:00PM ET - 4:30PM ET ET

Part 3: Mark Merric’s Three-Part International Estate Planning Series

More Info