NEW - Key person calculator
Helping you arrive at an appropriate level of cover towards protecting the potential loss of profits or in relation to the cost of replacing a key person.
Decreasing term calculator
How much could your clients receive in the event of a claim for mortgage decreasing term?
Use our simple calculator to see the amount we could pay in the event of a successful claim, at each interest rate to help make it simpler to match your clients needs.
Business valuation
There are many ways of valuing a business and the purpose of this calculator is to aid discussions that may help you arrive at a reasonable figure.
For a representative amount complete the average net profits and net assets figures and then select an appropriate multiple based on the guidance notes given. In addition the individual business owners and their respective share holdings can also be completed which will provide a guide to the sums assured needed for each.
Premium equalisation
Premium equalisation calculator
Simply type in the name of your client’s business, each partner or director’s name, the sums assured and quoted premiums and the calculator will work out the equalised premium for each individual. Once completed, click the print button to print off the details. Assuming directors or partners wish to address the issue and distribute costs fairly, the premium equalisation calculator will help to calculate a fair distribution of premiums.
A worked example - Premium equalisation flyer
Since premiums reflect the ages, sex and sums assured of each individual director or partner, the amounts paid do not necessarily reflect the benefits each may receive in the event of a claim. This could be achieved through apportioning premiums according to each director’s or partner’s stake in the business.
These calculators are designed to assist in the advice process.