Human Life Value Calculator
By Minnesota Life Insurance Company
Open iTunes to buy and download apps.
How much life insurance do you need? It’s a tough question to answer. Most of us would consider it nearly impossible to place a value on the life of a person. The impact you and others have in this world can’t truly be quantified through simple numbers.
While you can’t possibly place a value on your personal relationships, emotional support, and the memories created with friends and loved ones, you are able to determine your economic value – the amount of life insurance needed to cover financial loss, should you die prematurely. By using this app to answer several questions about your basic needs, lifestyle and resources, you may be able to determine your desired insurance coverage, which can better prepare you and your family for the future.
• Calculates your basic needs, human life value and current resources
• Displays results to help determine your desired life insurance coverage
• Offers easy-to-use keypad and slide entry
• Allows sharing of results via email
I love this app, very helpful in understanding how much is needed to take care of my family.
Complete waste of time
Only exists to sell you life insurance. Makes no allowance for social security survivor benefits, current retirement planning, current college funds, ability to live below means, or a host of other things.