Captive Insurance Company A Series LLC Captive Insurance Company* can provide small and mid-sized business owners the following benefits: Premiums paid to a captive may be 100% deductible under IRC 162 as an ordinary and necessary business expense.Premiums received by a captive maybe tax free if premiums received are under $1.2 Million and the captive elects to be taxed under IRC section 831(b).Potential for asset accumulation and estate planning opportunities.Captive assets are protected from the parent (business that established captive) company creditorsDistributions paid out should be taxed at the long-term capital gains rate as qualifying dividends. *Creation of the Captive Insurance Company subsidiary is arranged by an independent third party specialist.To speak to one of our valued team members regarding a Captive Insurance Company, please call (800) 535-0944, or email our team by clicking here. Have a Question? Name Email Address Phone Question Thank you! Oops!