Recommendations for Key-man Life Insurance?

https://news.ycombinator.com/item?id=139321
by aquaphile • 18 years ago
2 1 18 years ago

As many of you have experienced, venture capital financing often requires that the founders and management obtain life insurance payable to the company (aka "key-man" policies). Not all life insurance companies are familiar with the practice or the customs in the startup world. With which life insurance companies have you successfully established key-man policies? For what coverage limits ($1M, $5M, $10M, etc)?

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