Key man insurance is a type of life insurance policy that companies purchase on the life of a founder, owner or critical employee. It’s also called key person or key employee insurance. Key man ...

Here’s how key person life insurance can help keep a business afloat after the death of a crucial person.

Key person life insurance is a type of policy that provides a death benefit to a business if an owner or other key employee dies.

Key man policies may also have options for an owner to use a buy-sell agreement. The cost of key man insurance depends on the term, death benefit, age, health, and lifestyle of the insured person.

Key person insurance, or contract frustration insurance, is a crucial risk management strategy for startups that rely heavily on specific individuals for their success.

Key man life insurance helps companies reduce the risk of business disruption if an employee who is critical to business operations passes away.

A key person event can threaten both, as stated above, the occurrence of a key person event can prompt concerns over investment performance, decision-making, and fundraising prospects.

Key person insurance enables business continuity by providing money to pay the bills and can settle the key person’s surety obligations with no impact on their deceased estate. Key person insurance ...

Key person insurance can help your business avoid financial burdens if a critical employee, like a CEO or founder, passes away or becomes disabled. The death benefit from this type of insurance ...

Key person insurance, or contract frustration insurance, is a crucial risk management strategy for startups.

Key person insurance enables business continuity by providing money to pay the bills and can settle the key person's surety obligations with no impact on their deceased estate. Key person insurance ...