Key person insurance, or contract frustration insurance, is a crucial risk management strategy for startups that rely heavily on specific individuals for their success. This type of insurance provides ...
When you’re ready to exit the business you’ve nurtured through the years, who’s going to take your place at the helm? You’re probably planning a key person buyout of some variety if you’re not passing ...
Key person insurance can help your business avoid financial burdens if a critical employee, like a CEO or founder, passes ...
Upon the occurrence of a key person event, a suspension period is typically triggered, during which the fund is not able to make new investments. In a previous article, we analyzed the average length ...