You are using an outdated browser. Please upgrade your browser to improve your experience.
Insurance Kit

Insurance Kit is an invaluable tool for Insurance Professionals and Financial Planners

Insurance Kit is an invaluable tool for Insurance Professionals and Financial Planners

Insurance Kit

by PicsAlive
Insurance Kit
Insurance Kit
Insurance Kit

What is it about?

Insurance Kit is an invaluable tool for Insurance Professionals and Financial Planners.

Insurance Kit

App Details

Version
1.10
Rating
(2)
Size
0Mb
Genre
Finance Productivity
Last updated
April 23, 2012
Release date
May 25, 2010
More info

App Screenshots

Insurance Kit screenshot-0
Insurance Kit screenshot-1
Insurance Kit screenshot-2
Insurance Kit screenshot-3
Insurance Kit screenshot-4

App Store Description

Insurance Kit is an invaluable tool for Insurance Professionals and Financial Planners.

1. Calculates Rate of Return of limited payment saving/ insurance/ investment plans.
2. Calculates Retirement Fund required
3. Calculates Life Insurance required
4. Calculates College Fund required and
5. 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)

Disclaimer:
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to [email protected] and your information will be removed.