Key Person Insurance Calculator

This tool is designed to help individuals estimate the amount of Key Person Insurance their company may need. Key Person insurance provides a capital injection into a business should a key staff member, director or owner become disabled or pass away. The insurance payment allows for financial stability during the period in which a replacement person is found/trained and company revenues returned to normal. This is critical as many businesses have regular fixed costs (e.g. lease payments, staff wages, subscriptions) which would not subside even during a period of weak revenue.