Key Person insurance
A Key Person policy is an individual life insurance policy that covers a key person at a company and lists the company as the beneficiary. Investors often require their portfolio company's CEO, CTO, and/or top sales person, etc. to purchase this coverage so that if they die, the company receives the death benefit and can quickly recruit someone of similar experience/expertise to prevent the company from stalling.
Key Person Insurance & Embroker
Zenefits has partnered with Embroker, a leader in the tech-enabled business insurance space, to help better service your P&C (Property & Casualty) policies.
If you’re interested in learning more about E&O coverage you can check out Embroker’s key person insurance guide, and sign up to get the best value on the right coverage.
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