life value calculator

Learn more about how the half life formula is used or explore hundreds of other math finance fitness and health calculators.

Life value calculator. Assessing human life for its economic value is a useful tool for insurance companies to determine the amount of money a family needs in case of death of the sole earning member. Human life value calculator a valuable tool that helps you gauge the financial obligations your family would face in your absence. It s essential to make sure that you don t leave behind any financial liabilities for your family. It provides only a rough estimate of your human life value which can factor into how much insurance you need.

Massmutual s life insurance calculator can help you determine the right coverage for you. Lic surrender value calculator. Typically for people who need college savings estate planning business planning or additional. For a complete assessment contact a qualified insurance professional.

Term life is cost effective protection for a specified amount of time. Life insurance needs calculator. Policy and riders may vary and may not be available in all states. The calculator can also convert between half life mean lifetime and decay constant given any one of the three values.

Adequate insurance cover is vital as it cannot be left to chance especially when it concerns your family. Though you may buy any lic insurance or investment policy with a specific purpose to meet a long term need your investment perspective can change over the years. Answer a few simple questions to estimate the amount of life insurance coverage you need to take care of your family. Whole life provides protection as long as you live premiums must be paid with a guaranteed level premium universal life is a flexible policy with variable premium payments.

This free half life calculator can determine any of the values in the half life formula given three of the four values. This calculator helps you assess the financial loss your family would incur if you were to die today. In approved states value plus term form 3021 and the conversion extension rider form cer 3 20 form cer 3 20 fl are issued by ameritas life insurance corp. Rupanjali mitra basu october 10 2019 april 22 2021.

Term doesn t build up cash value. Unfortunately you won t know if the life expectancy present value is mistakenly high or mistakenly low. In new york value plus term form 5021 is issued by ameritas life insurance corp. Life insurance is a long term financial product.