Founder Shield Key Person Insurance

Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Key Person Insurance with third-party carriers rather than underwriting the policy itself. ²Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.

Issuing Insurer

Founder Shield says it places policies, including Founder Shield Key Person Insurance, only with carriers rated A- or better by AM Best, chosen for the client's industry. It does not name the issuing insurer for this line; that depends on which carrier the policy is placed with. ³Company-reported. General carrier-selection FAQ, not specific to this line's placements.

Who It’s For

Founder Shield markets key person coverage to startups and small businesses reliant on a single founder or employee, technology and R&D companies protecting key innovators, and businesses with significant debt that need to reassure creditors. ¹Company-reported. Key Person Insurance & CFI product page, key-person component only.

Coverage Features

Founder Shield describes Key Person Life Insurance as a lump-sum payout to the business if a key individual dies, and Key Person Disability Insurance as a regular payout if that individual becomes unable to work. ¹Company-reported. Product page; the issued policy and declarations control actual coverage. The page bundles a separate Contract Frustration product not covered by this record.

How to Apply

You request Founder Shield Key Person Insurance through Founder Shield's website or an insurance advisor rather than binding coverage directly; Founder Shield says its placement team then approaches carriers on the client's behalf. ^2,³Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form.