Determine how much key person life insurance your business needs to cover revenue loss if a key employee leaves.
Recommended Coverage
$300,000
Covers lost revenue plus outstanding loans
Low Range
$200,000
Salary × impact years
High Range
$400,000
Higher-risk scenario cushion
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How to read these numbers
The recommended coverage replaces the revenue you expect to lose over the recovery period and pays off loans tied to the key person's role. The low range covers bare earnings replacement, while the high range adds a buffer for harder-to-quantify costs such as recruiting, training, and lost contracts.
Results are estimates only and should not be considered professional insurance advice. Always consult a licensed insurance advisor before making coverage decisions.