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Loss Portfolio Transfer

A Safety National Loss Portfolio Transfer (LPT) can be an excellent financial solution to help transfer outstanding loss liabilities.

Client Benefits

  • Ability to convert all known and unknown liabilities into a fixed payment
  • Potential release of collateral from state*
  • Elimination of joint and several liability for group self-insureds*
  • Removes potential for additional assessments of members
  • Possible tax deductibility of loss payments**
  • Elimination of administrative costs and future assessments
  • Improved balance sheet

 

*Subject to jurisdictional approval.

**As with any significant financial transaction, Safety National urges its clients to consult with a tax advisor to assess and analyze tax implications.