Losing a CEO is extremely disruptive to any company Losing a CEO is also a material event for a publicly traded company, and there's a whole ecosystem of lawye

Losing a CEO is extremely disruptive to any company Losing a CEO is also a material event for a publicly traded company, and there's a whole ecosystem of lawyer who will file "shareholder" lawsuits if they think they can make the case you didn't spend enough to protect that CEO. Company-paid term life insurance premiums in the amount of $2,520 If what I pay is any indication, that's a big policy.