Define the business loss before discussing key-person insurance

The useful question is how the business would be affected if a critical person were unavailable.

Useful education first. No quote or approval is produced here.

Name the dependency

Revenue relationships, technical knowledge, licenses, guarantees, management authority and recruiting difficulty can create different exposures.

Estimate the business consequence

Document measurable obligations and transition costs. A worksheet is an input for discussion, not an insurance recommendation or valuation.

Clarify ownership and purpose

The applicant, owner, beneficiary, insured person and business purpose need careful review by qualified professionals.

Coordinate with existing agreements

Buy-sell agreements, employment terms, lender requirements and succession plans may affect the broader plan.

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Key-person dependency worksheet

A worksheet for roles, financial effects, replacement time and existing safeguards.

Read, print or save the worksheet without providing contact details.

Open the printable worksheet

Choose whether to request professional help

Ordinary insurance inquiries are handled by Ron at RJ Marchiani Insurance Agency, LLC. - A Farmers Agent. Annuity and FinFit inquiries go to a separate partner.

Online contact requests are currently unavailable. Read or print the guide, then take your questions to a qualified professional of your choice. Using this page does not request contact or confirm insurance availability.

Sources and limits

Check the current information

Content updated September 3, 2026. General sources explain the category. Current contracts, program documents and applicable authorities control individual situations.

NAIC consumer insurance resources

Continue

Keep the next step specific

Use the information above with the current documents and appropriately qualified professionals for your situation.

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