Key person, also known as key man life insurance, is a specialized policy a business can purchase for an owner or partner, key executive or another employee considered critical to business operations.

Toyota Financial Services and Lexus Financial Services launched a key replacement product last week. The rollout is the captives' latest step in providing a fuller customer experience, executives said ...

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 ...

Founders soliciting venture funds quickly get comfortable revealing details about their operations, vision and finances. They may also need to be willing to step on a scale and get a blood draw.