INSURANCE PROGRAM

BRIEF

DOUBLE THE NUMBER OF TIMES YOU’RE SELECTED WHEN COMPETING ON ESTIMATES BY COMBINING YOUR OWN MULTI-LOCATION INVENTORY AS ONE LOCAL INVENTORY.

0%

YOUR CAPTIVE MAKES AN 831(B) ELECTION, RESULTING PROFIT IN THE CAPTIVE INSURANCE COMPANY

KEY FEATURES

  • Run your warranty program just like you’re running it now and insure your warranty risk to URG Insurance Company, Inc
  • Individual captive cells and group captive cells are available based on investment amount
  • URG Insurance insures your risk and other members’ risk to your Captive Insurance Company
  • File claims for warranty losses quarterly and get paid by URG Insurance Co
  • Your Cell Captive Insurance Company captures your underwriting profits
  • Your Captive makes an 831(b) election, resulting in a tax rate of 0% on your profit in the Captive

PROGRAMS

URG WARRANTY REIMBURSEMENT INSURANCE PROGRAM
Members can fund for parts warranty expenses in a manner that allows for a significant increase in the member’s warranty program profits.

URG ENTERPRISE RISK MANAGEMENT INSURANCE PROGRAM
Members can insure for risks inherent in their business that are otherwise not insured,or under-insured.

URG TRADITIONAL INSURANCE REPLACEMENT PROGRAM
Members decrease the costs of their existing commercial insurance programs (Worker’s Compensation, General Liability, Professional Liability, etc.) by utilizing the combined buying power and premiums of participants to negotiate greater control and terms for its membership.

ABOUT OUR PARTNER

URG has formed a parent insurance company that extends its license to URG Members at a nominal cost.
To become part of the URG Warranty program and tap into its benefits, contact:
Randy Sadler at 865-599-6104 or randy@cicservicesllc.com.

CIC Services, LLC is the program administrator.
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