Insurance Kit1.10
Publisher 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
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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
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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
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Insurance Kit calculates the amount of life insurance required.
Education
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Insurance Kit calculates the projected cost of college education.
Financial Calculator
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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)
Requires iOS 3.0 or later. Compatible with iPhone, iPad, and iPod touch.
About Insurance Kit
The company that develops Insurance Kit is PicsAlive Pte Ltd. The latest version released by its developer is 1.10.
To install Insurance Kit on your iOS device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2010-05-25 and was downloaded 24 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 Insurance Kit as malware if the download link is broken.
How to install Insurance Kit on your iOS device:
- Click on the Continue To App button on our website. This will redirect you to the App Store.
- Once the Insurance Kit is shown in the iTunes listing of your iOS device, you can start its download and installation. Tap on the GET button to the right of the app to start downloading it.
- If you are not logged-in the iOS appstore app, you'll be prompted for your your Apple ID and/or password.
- After Insurance Kit is downloaded, you'll see an INSTALL button to the right. Tap on it to start the actual installation of the iOS app.
- Once installation is finished you can tap on the OPEN button to start it. Its icon will also be added to your device home screen.
