Every now and then we encounter a company executive getting ready for their initial public offering.
Things are going great, your company is growing, you may have received some initial funding and now your are ready for the next stage – going public.
It’s exciting…..But there are concerns and risks to the financial underwriters that only a well thought out business life insurance policy can address.
You are the engine behind your company, without you the level of interest in your company wouldn’t be the same.
So what happens if you died during the IPO process?
Investors lose money, maybe the company doesn’t go public, or the valuation is lower, interest in the IPO wanes, etc.. any of these are realistic scenarios.
A business life insurance policy can address this issue and keep you moving forward to your IPO.
The primary issues that adversely affect an IPO in need of life insurance are:
- The company valuation. The folks underwriting your IPO will be looking for you to have millions of life insurance in place…as a startup, IPO, etc..the valuation of the company may not justify the amount of business life insurance wanted….we’ll help you put it together whether working with multiple companies, a lead company, reinsurers, etc..whatever it takes to get it done, we will help you.
- The second issue that derails life insurance underwriting are health impairments that the key executives may have…what if you have been told that your executive is not insurable…..what do you do? We know the experts in impaired risk life insurance underwriting, and help is not far away.
