Re: Self Insurance


Robert Giroux
 

Unfortunately, the more you dig into something like this, the less obvious are all the ramifications. Experience, beyond total novice is of limited value in assessing risk; age, accident history, net worth, are far more important. There are very experienced sailors who willingly sail into ANY weather and some who leave their boats at a dock in the path of a hurricane when they could have sailed to safety. Most captive insurance plans are created by companies for their own purposes, managed by their own management structure. As much as I like the idea behind it, It's hard to imaging something like this as a co-op, run democratically.

Robert Giroux
Future Amel Owner

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