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Captive Insurance Company - Application for Admission is a legal document that was released by the Connecticut Insurance Department - a government authority operating within Connecticut.
Q: What is a Captive Insurance Company?
A: A Captive Insurance Company is an insurance company that is formed and owned by a parent company or group of companies to provide insurance coverage for risks of the parent company or group.
Q: What is an Application for Admission for a Captive Insurance Company?
A: An Application for Admission is a form that a Captive Insurance Company needs to submit to the state of Connecticut to become licensed and operate within the state.
Q: Why do I need to submit an Application for Admission for a Captive Insurance Company?
A: You need to submit an Application for Admission to obtain a license and legal authorization to operate a Captive Insurance Company in the state of Connecticut.
Q: What information is typically required in an Application for Admission for a Captive Insurance Company?
A: An Application for Admission for a Captive Insurance Company typically requires information about the company's structure, ownership, financials, management, and proposed insurance policies.
Form Details:
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