The Latitude PLAN: Frequently Asked Questions About Private Insurance

The Latitude PLAN logo - private insurance program by Reinsurance Specialties

The Latitude PLAN is a privately owned insurance company (POIC) structure designed for U.S. businesses generating $1M–$1B in annual revenue. This FAQ covers everything you need to know: what private insurance is, whether your business qualifies, how the tax benefits work, what it costs to get started, and how the 831(a) structure differs from a captive. Explore answers to the most common questions about this alternative risk transfer strategy from Reinsurance Specialties.

10 Things to Know About Private Insurance

Infographic showing insured risks above and self-insured hidden business risks below the surface — illustrating the coverage gap a POIC addresses

Contributing Author: Mark Queen Faith-based entrepreneurial navigator and founder of Core Score, LLC.   As the principal and CEO of Core Score, I can tell you that the percentage of business leaders who have never heard of reinsurance (private insurance; self insurance) is staggering. We find it interesting that it took 50 years for the […]