Below you will find 3 free calculators for computing values associated with insurance:
Actual Cash Value Calculator
This calculator will compute the actual cash value (ACV) of an item, given the original purchase price, the item's current age, and the item's expected life. The actual cash value of an item is the difference between its original purchase price and its depreciation. These values are often used by insurance adjusters to determine what an item is worth.
Insurance Reimbursement Calculator
This calculator will compute the reimbursement amount for an insurance claim, given the fair market value of the property, the fair market value of the loss, the face value of the insurance policy, and the coinsurance rate. The amount of an insurance reimbursement is the smaller of the face value of the policy, the fair market value of the loss, or the potential reimbursement as determined by the reimbursement formula.
Life Insurance Adequacy Calculator
This calculator uses the multiple-of-income method to tell you how much life insurance you should have, given your gross annual income. The calculator will compute both the minimum and maximum amounts of life insurance that you may need. The purpose of life insurance is to replace your income if you happen to die in order to protect the quality of life of those who depend on your income.
More Financial Calculators
This website now provides 70 free financial calculators that may be useful to your work:
Accounts Payable and Accounts Receivable Calculators
Asset Utilization (Turnover) Calculators
Cash Flow and Cash Ratio Calculators
Corporate Credit Calculators
Inventory and Supply Chain Management Calculators
Investing and Trading Calculators
Real Estate Calculators
Financial Calculators Index
now contains 70 free financial calculators!
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Dr. Daniel Soper
. All rights reserved.