NJ tech startups between Series A and Series C are the most vulnerable to unplanned key-person departures. Investors are increasingly asking for key-person coverage at term sheet time.
The gap nobody talks about
Your startup's valuation is built on key people. The cap table doesn't protect those people from biology. Key-person insurance and a funded buy-sell agreement do.
Many NJ VC term sheets include representations about key-person coverage. Founders who can demonstrate insurance in place close faster and with fewer conditions. This is table stakes at growth-stage, not a luxury.
If your co-founder dies with no buy-sell agreement, their equity goes to their spouse or estate. The surviving founder now has a business partner they didn't choose. A funded buy-sell prevents this from day one.
If the technical co-founder of your NJ SaaS startup dies, the product roadmap, engineering team, and customer relationships are all at risk. Key-person insurance provides the capital to navigate that transition.
Former Oracle Principal Consultant. PhD researcher. Queens-based. I work with carriers across the full market — not captive to one company — so you get the right coverage at the right price.
A structured 30-minute conversation that shows you exactly where your financial exposure is — and what it would take to eliminate it. No sales pitch. No pressure. Just a clear picture of where you stand.
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Common questions