Income Calculator
Welcome to Our Life Insurance Calculator Suite! As dedicated insurance professionals, we understand the importance of helping clients make well-informed decisions about life insurance coverage. Leverage these calculators to provide clients with comprehensive solutions that align with their unique financial goals and offer them the peace of mind that comes from a well-protected future
Lifetime Income Replacement Calculator: Use this calculator when you want to determine how much life insurance coverage is needed to replace your income indefinitely. It takes into account your annual income, current savings, and considers inflation. This calculator is suitable for individuals who want to ensure that their loved ones have a stable and continuous income stream to maintain their lifestyle even after they’re gone. It’s especially useful if you have dependents or if your family’s financial security depends on your regular income.
10 Yr Income Replacement Calculator:
Use this calculator when you want to calculate the life insurance coverage required to replace income for a specific period of 10 years. It considers your annual income, current savings, and inflation. This calculator is suitable for individuals who have a specific timeframe in mind, such as ensuring that their family’s financial needs are covered during a certain period, such as a child’s education or while a partner gets back on their feet after a major life change.
Debt Restoration Calculator: Use this calculator when you want to ensure that your life insurance coverage is sufficient to cover all of your outstanding debts in case of your passing. It calculates the amount needed to pay off your debts, such as mortgages, loans, and credit card balances. This calculator is useful for individuals who want to prevent their debts from becoming a financial burden on their surviving family members. It ensures that your loved ones aren’t left with the responsibility of repaying your debts, allowing them to move forward without financial stress.