This calculator is an efficient online tool that helps the policy buyer in determining the amount of life insurance he needs in order to get enough coverage.
This excel tool is a useful for you to ensure that you are doing the right things for your family. It is important to estimate how much life insurance you need. For this purpose, a life insurance needs calculator is useful.
About Life Insurance Needs Calculator free excel templates
This calculator generally asks about those things that are helpful for it in determining the needs of the user. The user is only needed is to do is provide the details required by the calculator.
The calculator calculates everything on its own with the help of its own pre-defined formulas.
There are certain fields in the calculator that a user should fill in to complete the form. Once the user provides all the details, the calculator performs the calculations. The calculator asks:
- Details about burial expenses
- Number of years you need to pay from your income
- Annual income that the survivor will need
- Number of survivors
- The amount you have in savings
- The amount you have invested
- Details about the expenses you want to be refunded
How to download and use Life Insurance Needs free Excel template ?
To use this free LIFE INSURANCE NEEDS CALCULATOR template, you should have Microsoft Office/ Microsoft Excel installed in your system.
After installing Excel or Spreadsheet, download the zip file of this template, extract the template using WinRAR or 7Zip decompressing software.
Once extracted, you can open the file using Excel and start entering data or customizing the template.
