Man illustration walking up stairs with key

Calculator

Key Person Calculator

Fill out the form to receive an approximate range of the level of insurance coverage you would need to cover the key person in your business.

Understanding your need will help you better prepare for the future of your company and ensure ongoing protection for your employees and beneficiaries. Your answers below will be kept confidential; we will not share any of your business information.

Contact our team of financial professionals to get a quote on your coverage, additional information and a more in-depth and exact calculation of the best amount of coverage.

Key Person Calculator

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Business Revenue*

Average Annual Business Revenue

Key Person Salary + Bonus*

Total cost of key person, including salary, bonus, and benefits.

Key Person Contribution to Revenue (%)*

Percentage of average annual total business revenue generated by key person.

Years to Replace Key Person*

Approximate amount of time (in years) to find and hire new employee.

Years for Key Person to Become 100% Efficient*

After hiring a replacement key person, how many years will it take for them to be 100% up and running.

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Total Years of Study (Optional)

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Relocation/onboarding/search costs (Optional)

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Ongoing Training ($) (Optional)

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Low KP Loss (Optional)

Lowest approximate loss, according to our calculations.

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High KP Loss (Optional)

Highest approximate loss, according to our calculations.

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Calculated KP Loss (Optional)

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Name (Optional)

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Request a quote

Need a Quote for Key Person Insurance?

If you need a quote on the coverage you’ve calculated above, fill out the form or give us a call at 603.932.6490 and we can provide a custom quote to give you an accurate idea of how much the necessary insurance will cost!

Not sure what to calculate for your estimated coverage? No problem! Fill out this form and we’ll contact you to talk through your situation and create a custom quote to protect key people at your company.

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