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Key Person Insurance Calculator
Estimate cover for the loss of a key person.
users Free Online Tool
⚡ Instant Results
📊 Clear Comparison
🔒 100% Free Tool
Suggested cover
Compare Your Options And Get Clear Answers
Estimate cover for the loss of a key person.
Key Person Insurance Estimator
Enter your numbers below for an instant estimate.
0
💡 Tip: Cover = profit x years + recruitment
How It Works
Key concepts behind this calculator
1
Enter Values
Fill in each field with your own numbers.
2
Calculate
Results update as you change the inputs.
3
Review
Read the breakdown and the explanation.
4
Adjust
Change values to compare scenarios.
Quick Reference Guide
Key Quick Guide
Typical values for reference.
| Profit they generate (GBP/yr) | Years to replace | Recruitment cost (GBP) | Suggested cover |
|---|---|---|---|
| 80000 | 2 | 20000 | £180,000.00 |
| 200000 | 3 | 50000 | £650,000.00 |
| 30000 | 1 | 5000 | £35,000.00 |
| 120000 | 2 | 30000 | £270,000.00 |
| Rule of Thumb | Check inputs | Use as a guide | Round sensibly |
Common Questions
Key Person Insurance Calculator FAQ
Answers to common questions about this calculator.
It uses the formula shown with your inputs. Real conditions vary, so treat it as a guide.
Cover = profit x years + recruitment
It is an estimate based on the inputs you enter. Check real quotes, labels or official guidance for important decisions.
Yes. Replace each input with your own figures and the result updates instantly.