5 calculators in this category
- Life Insurance Needs Analysis CalculatorFamily needs (capital needs) approachThe needs approach asks what your family would actually have to fund if your income stopped tomorrow, then subtracts what they…
- Human Life Value CalculatorHuman life value (Huebner) method — growing annuity present valueHuman life value asks a narrower question than a needs analysis: what is the present value of the earnings a person will…
- Term Life Insurance Ladder CalculatorLevel term pricing per $1,000 of face amountYour need for life insurance is not level, so buying level coverage means paying for protection you have stopped needing. The…
- Cash Value Life Insurance Return CalculatorInternal rate of return on an annuity-due premium streamA permanent policy's illustration shows you a growing cash value. What it rarely shows is the rate that growth represents…
- Modified Endowment Contract (MEC) Test CalculatorIRC §7702A — seven-pay testSection 7702A draws one line through permanent life insurance. Pay premiums faster than seven level payments would have paid…
Which one do you need?
- Life Insurance Needs Analysis Calculator
- Work the full needs-analysis method: income replacement discounted to present value, debts, education and final expenses, less assets and coverage you already hold.
- Human Life Value Calculator
- Value a breadwinner's remaining lifetime earnings net of tax and self-consumption, discounted to today — the method underwriters use to justify a large face amount.
- Term Life Insurance Ladder Calculator
- Split one large term policy into staggered layers that expire as your need falls away, then compare the total ladder premium against a single level term policy.
- Cash Value Life Insurance Return Calculator
- Compute the internal rate of return on a permanent policy's cash value against the premiums you paid, and compare it with buying term and investing the difference.
- Modified Endowment Contract (MEC) Test Calculator
- Test cumulative premiums against the seven-pay limit that decides whether a policy is taxed as life insurance or as a modified endowment contract, year by year.
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