If they were suddenly gone, could the company hold on?
Work out how much the company needs to bridge the sudden absence of a key person — the owner or a core lieutenant. Not just a premium number — the gap itself.
How much they carry
Revenue minus cost of goods / direct costs, per month — a rough figure is fine.
How long, how much to replace them
Company debt they've personally guaranteed
The company's current buffers
Three blocks add up to the total gap; subtract existing coverage for the net gap.
Keyman insurance
The company insures itself as beneficiary — cash arrives the moment the person is gone, but it requires underwriting and ongoing premiums.
Self-funded reserve
The company builds up its own earmarked reserve — no underwriting needed, but it takes time to build and ties up company cash.
Standby credit line
Arrange a standby credit facility with a bank in advance — doesn't tie up cash, but the bank can still tighten terms exactly when you need it most.
Each of the three options carries its own trade-off — the right mix depends on the company's cashflow, ownership structure, and your overall plan.
This tool is an educational gap estimate only — not insurance, tax, or legal advice, and is not a suitability assessment; it does not represent a quote from any specific insurer or product. The three options are listed without ranking or pricing; what's actually feasible depends on underwriting, the company's cash position, and its ownership structure.