Key Man

Key Person Insurance Alternatives

Key Person Insurance can be a valuable policy for when the unthinkable happens, but it has its disadvantages. We examine Contract protection insurance (“CPI”) and other alternatives.

Key Person Insurance Types: Death vs. Disability

Key Man Insurance: VCs – You’re Doing it Wrong

Given our relationships with a lot of early stage VCs in around the country, we do a ton of Key Man Insurance policies.  If you’re unfamiliar with these, Key Man policies are basically a life insurance policy that pays out to the company if anything happens to the “Key Man.”  And if you’re unfamiliar with

The Easiest Way to Get Key Person Insurance for your Business

Many VC investors require founders going through an institutional round of funding to get key person insurance. For those of you that are nearing the close of your first big seed or series A round, there are two routes you can go in procuring your key person insurance policy: The traditional route or the Founder Shield

Death of a Co-Founder: The Importance of Key Man Life Insurance

Key Man Life Insurance can be touchy subject for most startup founders.  Most of the time it’s a “just-don’t-think-about-it” situation, and the only time the idea even comes up is when it appears on the Series A term sheet.  Entertaining the thought of losing a co-founder is one of the last things any entrepreneur wants to

We created a new Key Man insurance product…and it’s awesome.

Key man insurance for startups doesn’t really exist in the life insurance markets.  There are a few reasons for this and I’ll explain the big ones.

Startups: Don’t Overlook Key Man Insurance

  We usually talk about key man insurance with our clients in the wake of a freshly closed round of institutional funding.  Investors typically make their portfolio companies get key man insurance to protect their own cash.  They realize that at most startups, the team is the company.  It takes a truly phenomenal team to guide