LifeAnt, one of the Internet's leading life insurance quote providers, recently announced the launch of its new Life Insurance Needs calculator. The calculator, which can be found on http://www.lifeant.com/life-insurance-needs-calculator/, allows the user to estimate the amount of life insurance coverage that they will need.
According to LifeAnt.com, having the right amount of money for life insurance coverage is one of the most important parts of financial planning. Life insurance coverage can help to reassure individuals that their loved ones will be taken care of after they pass, especially because the possibility of an untimely death can be unnerving. Additionally, many people do not trust insurance agents to really look out for their needs--the website notes that many people wonder if agents are trying to sell them too much or too little life insurance.
To avoid error, LifeAnt's new form calculates the money needed for life insurance coverage based on age, salary, and location. By entering one's annual salary, current age, expected retirement age, and estimated return on investments, users can see their calculated needs--and even use their zip code to compare life insurance quotes. LifeAnt notes that a client may not need a large insurance policy if they have existing life insurance plan.
The calculator also includes an adjustment for inflation and additional costs that are associated with death. LifeAnt recommends obtaining a more detailed analysis for estate planning, trust planning, business key man insurance, and other complex financial planning needs.
"At Life Ant, we want all our clients to feel confident that they are doing the right thing for their families and dependents," stated an article on LifeAnt.com. "As a service to our clients we have provided the following life insurance calculator. This is simple and easy to use, but gives an excellent estimate of the amount of life insurance coverage you need."
Individuals interested in learning more about LifeAnt.com and its life insurance needs calculator can visit http://www.lifeant.com/life-insurance-quotes/ for more information.
Established in early 2013 by life insurance broker and financial adviser
Read the full story at http://www.prweb.com/releases/insurance-calculator/LifeAnt/prweb11966536.htm
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