Key Person Insurance
Protect the business against the financial impact of losing a person who can't easily be replaced.
Some employees are worth more than their salary.
Key person insurance is a life (and sometimes disability) policy owned by the company on a key employee—often the founder, top salesperson, or technical lead. If that person dies or becomes disabled, the proceeds give the business cash to stabilize, recruit, and retain other talent through the transition.
When it makes sense
- A founder whose name and relationships drive the business
- A single rainmaker generating an outsized share of revenue
- A technical or operational leader who’d take 12+ months to replace
- Lenders or investors who require it as a condition of the deal
The policy is owned by the company, premiums are paid by the company, and the company is the beneficiary. Done right, it’s cheap insurance against an event that could otherwise be catastrophic.
Let's see if we're a good fit.
A 30-minute introductory call—no pressure, no obligation. We'll talk through your goals and whether working together makes sense.