What Does Pure Captive Mean?

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What does Pure Captive mean? Read on to discover the definition & meaning of the term Pure Captive - to help you better understand the language used in insurance policies.

Pure Captive

Pure Captive

A captive insurance company with one corporate owner, insuring only the risks of the parent organization or its subsidiaries. Also called a single-parent captive.

We hope the you have a better understanding of the meaning of Pure Captive.

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