Tuesday, May 6, 2025

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SRA 831(b) Admin introduces new halo coverage policy for micro captives 

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SRA 831(b) Admin has added halo coverage to its list of self-insurance policies for micro-captives, allowing businesses to fill in the exclusions, denied claims, and deductibles of traditional insurance. 

Halo coverage has six elements including, deductibles and self-insured retentions, coverage gaps, not excess insurance, customised protection, and tax-advantaged risk financing. 

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