Get key person insurance. Protect the business if a critical person is gone.
Key person insurance is life insurance owned by the business on the life of a founder, executive, or critical employee whose death would significantly hurt the business. The death benefit (paid to the company) provides cash to recruit a replacement, cover lost revenue, pay debts, or buy out the deceased's equity. Often required by lenders or investors before they extend credit or invest.
How we handle Key Person Insurance, end-to-end.
Key person insurance is life insurance owned by the business on the life of a founder, executive, or critical employee whose death would significantly hurt the business.
Coverage need
We assess: who is the key person (founder, exec, critical engineer)? What is the financial impact of their loss (lost revenue, replacement cost, equity buyout)? How much coverage closes that gap?
Term vs. permanent
Term life is cheapest and most common (10, 20, 30 year). Permanent (whole, universal) builds cash value but is much more expensive. Most key person policies are term.
Medical underwriting
Key person is the insured; the business is the owner and beneficiary. Insured undergoes medical underwriting. Standard or preferred rates depend on health.
Bind + premium
Bind with chosen carrier. Premium paid by the business; death benefit paid to the business. Tax treatment: premiums not deductible, death benefit generally not taxable.
A clean handoff, in four steps.
You give us the basics. We handle the state, the IRS, and the compliance clock so you can focus on the business.
A name that's actually available.
Real-time check against the state register, USPTO trademark database, and matching domains.
Filed with the Secretary of State.
We submit your Articles, pay the state fee on your behalf, and return the stamped certificate.
EIN + the right tax setup.
Federal Employer ID with the IRS, plus state tax accounts when your business needs them.
Registered Agent + deadline tracking.
Your agent on file in every state, with every renewal and annual report tracked in one calendar.
Transparent key person insurance pricing.
Government fees pass through at cost. No upsells.
Term life quote
Quote from 10+ carriers free. Annual premium varies by insured's age, health, smoker status, and coverage amount. Typical: $500-$2,500/yr for $1M term on a healthy 35-year-old.
Get startedMultiple key person
For companies insuring multiple key persons (founder + co-founder + critical engineer). Coordinated quotes from multiple carriers. Volume discount sometimes available.
Get startedBuy-sell funding
Life insurance structured to fund a buy-sell agreement: death triggers automatic equity buyout from estate. We coordinate the insurance with the legal documents.
Get startedAbout the Key Person Insurance Service.
Who is the owner and beneficiary?
How much coverage do I need?
Is the premium tax-deductible?
What if the key person leaves?
What is term vs. permanent?
What about disability?
Recommended add-ons
Most customers add these to keep their business compliant year-round.
Premium compliance, no service-fee markup.
Trust you can verify
SOC 2 Type II audited platform. 220,000+ businesses served. 60-day money-back on service fees. State fees passed through at cost with no hidden markup. Explicit AUP on restricted industries.
A compliance partner, not a transaction
Most providers go quiet after checkout. We auto-track every annual report, registered agent renewal, and license deadline across your entities. The Business OS dashboard keeps your compliance score visible year-round.
Premium experience competitors cannot match
Premium positioning, transparent pricing, no service-fee markup on state or federal filings. Premium positioning, transparent pricing, no service-fee markup on state filings.