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 ...

Key person insurance can help your business avoid financial burdens if a critical employee, like a CEO or founder, passes ...

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 ...

In September, I talked about what I call the myth of activating the approach. Many pilots seem to feel they need to activate something in their GPS to fly an approach. As I pointed out, I often hear ...

Just as moms are often taken for granted for all they do to keep a household running, businesses often overlook the key employees who play a pivotal role in their day-to-day operations, ...

Given my obsession with value, it should come as no surprise that my discussion of key people begins by looking at the many ways that they can affect value. If key person value varies across ...