Insurance Kit at App Store analyse

App power index: 155 (based on ranks around App Stores today)
Productivity Finance
Developer: PicsAlive
Price: 0 free
Current version: 1.10, last update: 7 years ago
First release : 24 May 2010
App size: 401.29 Kb
4.6 ( 916 ratings )
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Estimation application downloads and cost

> 3.41k
Monthly downloads
~ $ 1.4k
Estimation App Cost


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 todays 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)
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Available in countries
Country Price
Canada 6.99 CAD
China 30 CNY
France 5.49 EUR
Germany 5.49 EUR
Italy 5.49 EUR
Netherlands 5.49 EUR
Portugal 5.49 EUR
Spain 5.49 EUR
Poland 5.49 EUR
UK 4.99 GBP
India 399 INR
Japan 600 JPY
Poland 23.99 PLN
Russia 379 RUB
Turkey 22.99 TRY
USA 4.99 USD
Korea, Republic Of 5.49 USD
Ukraine 4.99 USD
Available for devices
iPhoneFirstGen, iPodTouchFirstGen, iPodTouchSecondGen, iPhone3G, iPhone3GS, iPadWifi, iPad3G, iPhone4, iPodTouchThirdGen, iPodTouchFourthGen, iPad2Wifi, iPad23G, iPhone4S, iPadThirdGen, iPadThirdGen4G, iPhone5, iPodTouchFifthGen, iPadFourthGen, iPadFourthGen4G, iPadMini, iPadMini4G, iPhone5c, iPhone5s, iPadAir, iPadAirCellular, iPadMiniRetina, iPadMiniRetinaCellular, iPhone6, iPhone6Plus, iPadAir2, iPadAir2Cellular, iPadMini3, iPadMini3Cellular, iPodTouchSixthGen, iPhone6s, iPhone6sPlus, iPadMini4, iPadMini4Cellular, iPadPro, iPadProCellular, iPadPro97, iPadPro97Cellular, iPhoneSE, iPhone7, iPhone7Plus, iPad611, iPad612, iPad71, iPad72, iPad73, iPad74, iPhone8, iPhone8Plus, iPhoneX,
This is a tremendous App for insurance agents and individuals

I have been a life insurance agent since 1963. I feel this a very valuable App that not only helps the agent but also the insured. It answers the question how much life insurance you need not how much the agent or insurance company thinks you need. It also figures rates of return and many other financial calculations! I highly recommend this App and will use it often in my insurance interviews. Dave Fisher Jr

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