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A comment on Breaking a myth: Data shows you don’t actually need a co-founder. Parent comment

Re:Breaking a myth: Data shows you don’t actually need a co-... by chenster on Saturday August 27, 2016 @10:08AM (#12372397)
However, based on my experience, VCs do prefer startup with at least two co-founders in case one is, unlikely but possible, deceased.
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Re:Breaking a myth: Data shows you don’t actually need a co-... by api on Saturday August 27, 2016 @01:33PM (#12373284)
I've heard of startups, even those with more than one founder, taking out key person insurance for the company to mitigate this.

It's basically a life and disability insurance policy on the founder(s).

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