Term Insurance Calculator 1.0
Free Version
Publisher Description
Term Insurance Calculator - Make your life's financial planning easier with the term insurance calculator.
Do you want to find out your term insurance coverage? Do you want to make your life easier by taking out a term insurance plan? you can use our app to find your coverage amount by using our term insurance calculator app.
You can take charge of your family's well-being and make informed decisions by using Term Insurance Calculator app. It is designed to be a user-friendly and easy process to find term insurance cover.
In the term insurance calculator app, you can input your details like name, age, retirement age, income, expenses, etc. to find your accurate coverage amount for a term insurance plan. It also considers some additional information about expenses for children (education and marriage) in the future, Liabilities such as a home loan, a retirement corpus for your spouse, and savings from your current wealth.
First, we will discuss the terms. What is term life insurance, and why should you need it?
Term insurance falls under the category of life insurance and serves as coverage for a predetermined period or term, usually spanning from 5 to 30 years. If the insured passes away during this period, the policy pays out a death benefit to the beneficiaries, offering financial support when they need it the most.
Term insurance provides a straightforward approach to financial protection. It is designed to offer pure life coverage without any investment component, which means the policy's primary focus is on providing a safety net for your loved ones in case of the unexpected.
For those with dependents, such as a spouse, children, or elderly parents, term insurance can be a lifeline. It ensures that even if you are no longer there to support them financially. They can still maintain their lifestyle, pay off debts, fund education expenses and cover daily living costs. If you have outstanding loans or mortgages, the death benefit can help prevent your loved ones from being burdened by these debts.
About Term Insurance Calculator
Term Insurance Calculator is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Term Insurance Calculator is NextMob IT Solutions. The latest version released by its developer is 1.0.
To install Term Insurance Calculator on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2023-07-29 and was downloaded 0 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Term Insurance Calculator as malware as malware if the download link to com.insurance.terminsurancecalculator is broken.
How to install Term Insurance Calculator on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Term Insurance Calculator is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Term Insurance Calculator will be shown. Click on Accept to continue the process.
- Term Insurance Calculator will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
