Key Man Insurance Calculator
Determine the sum assured needed to protect your business from the loss of a crucial employee.
Quick Summary: Key Man Insurance Calculator
For business continuity in FY 2026-27, Keyman insurance cover is calculated as 10x the key person's package or 3x the average gross profit. Premiums are tax-deductible as business expenses under Section 37(1).
How to use the Key Man Insurance Calculator
- 1
Input Keyman Salary
Enter the total annual CTC of the key employee.
- 2
Add Company Profit
Input the average gross profit of the business over the last three years.
- 3
Analyze Revenue Impact
Estimate the percentage of revenue directly linked to the key person's expertise.
- 4
Review Tax Impact
Calculate the net cost of the premium after the Section 37(1) tax deduction.
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Regulatory Disclaimer
Last verified May 2026
Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.
Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."
Consult a SEBI-registered IA or CA for personalised advice.
9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.