Capital Guardian has developed a rigorous 4-Part Compliance Framework to safeguard the integrity and success of 831(b) Plans. Built on the solid foundations of Rev. Ruling 2009-26 and reinforced by recent court precedents, this framework ensures full compliance with the 831(b) Tax Code. Each element of the test is meticulously designed to validate eligibility and preserve the benefits of your 831(b) election, empowering you to maximize tax advantages with confidence and precision.
Capital Guardian stands apart with its unmatched expertise and precision in 831(b) compliance. Our 4-Part Compliance Framework not only adheres to the strictest standards of Rev. Ruling 2009-26 and recent court rulings but also leverages cutting-edge insights to protect your investment. Each step of the framework is tailored to validate eligibility, minimize risk, and secure long-term tax advantages. With Capital Guardian, you’re not just compliant—you’re strategically positioned to maximize the financial and operational benefits of your 831(b) Plan, supported by a team that prioritizes your success every step of the way.
A valid contractual transfer of risk is the cornerstone of any compliant 831(b) Plan. Capital Guardian ensures this through its Direct Writer model, which meticulously underwrites the risks and issues policy contracts directly to the operating company in exchange for premiums. This approach guarantees a seamless and compliant risk management process, providing your business with comprehensive protection and confidence in your 831(b) strategy.
A legitimate and enforceable contractual transfer of risk from the operating company to an insurer is not just necessary—it’s the foundation of a compliant and effective 831(b) Plan. Capital Guardian leverages a dedicated Direct Writer that conducts thorough underwriting to assess and accept the risk, issuing precise policy contracts directly to the operating company in return for premium payments. This structured approach ensures transparency, compliance, and robust risk management, positioning your business for long-term security and success.
For a compliant and effective 831(b) Plan, the risk being transferred must be fortuitous and unforeseen, distinctly separate from ordinary business risks. Capital Guardian's Direct Writer specializes in underwriting a broad spectrum of fortuitous risks, including but not limited to business interruptions, dispute resolution, political risk, brand damage, and more. This comprehensive approach ensures that only qualifying risks are covered, providing your business with unparalleled protection against unexpected events while maintaining strict compliance with regulatory requirements.
A Captive Plan operates like a for-profit insurance company, adhering to core principles:
1) Risk Transfer: Ensuring clear liability transfer.
2) Law of Large Numbers: Distributing risk effectively.
3) Premium Methodology: Using actuarial calculations.
4) Claims Process: Providing transparent claims evaluation.
5) Reserve Management: Maintaining reserves to cover claims and generate investment income.
Capital Guardian ensures your Captive / 831(b) Plan follows these principles, delivering compliance, efficiency, and robust protection.
Dee is a seasoned Sales Director with a BA in Accounting from Portland State University, bringing over 30 years of extensive sales experience, including a notable decade-long focus on international business. Throughout his career, Dee has honed his expertise in engaging business owners and C-suite executives, leveraging his financial acumen and adept relationship-building skills to tackle intricate business challenges effectively. Known for his entrepreneurial mindset and proactive approach, Dee excels in devising and implementing innovative processes that significantly enhance revenue streams. Beyond his professional endeavors, Dee finds great joy in golfing, experimenting with at-home cooking recipes, exploring global destinations, and immersing himself in diverse cultures.