Insurance Kit
Insurance Kit is an invaluable tool for
Insurance Professionals and Financial Planners.
- Calculates Rate of Return of limited payment
saving/ insurance/
investment plans
- Calculates Retirement Fund required
- Calculates Life Insurance required
- Calculates College Fund required and
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Is also a Financial Calculator
Rate of Return
Using cash flow calculation, Insurance Kit works out the rate of return of
limited payment plans e.g. plans that require 10 annual payments and
mature on the 20th year. A financial calculator can do the job too
but it involves many steps. With Insurance Kit , all you need is to enter
the following fields and the the rate of return will be generated
instantaneously:
- Annual Payment/premium
- Number of payments (in years)
- Year of maturity or surrender
- Maturity/surrender value
Retirement
Using Capital Liquidation method, Insurance Kit calculates Retirement fund
needed. The app takes into account inflation and interest rate and the
amount needed to finance a desired retirement lifestyle in today's dollar.
It then calculates the amount required at retirement age. The calculation
will be shown with a touch of a button.
Life Insurance
Insurance Kit calculates the amount of life insurance required.
Education
Insurance Kit calculates the projected cost of college education.
Financial Calculator
Insurance Kit is also a financial calculator that allows you to calculate
anyone of the following fields:
- Present Value (PV)
- Period (N)
- Payment ( PMT)
- Interest Rate (I)
- Future Value (FV)
Contact Us
If you have any support issues, please send us an email and we will get
back to you as soon as possible. We'd love to hear about your
suggestions and will seriously consider all feedback.
Support Email :
support@picsalive.com
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