Credit Life Insurance Calculator at Life

Credit Life Insurance Calculator. The results and findings presented by this calculator may vary due to user input and assumptions. Credit life and credit disability insurance is sold in conjunction with credit transactions to protect a variety of loans.

Go ahead and take the first step towards estimating the life insurance cover that you need. The additional life cover required to ensure your family's present life style is: Press the view report button to see a year by year breakdown of your family's future income and expenses.

What Is Collateral Assignment?

This step may require the purchase of a life insurance policy to help ensure that your family’s needs continue to be met after your death. Term insurance premium calculator is a specifically designed tool that helps you determine the actual premium amount that you are required to pay to the insurer for a term life coverage. Credit life insurance is a type of life insurance policy designed to pay off a borrower's outstanding debts if the borrower dies. How to use the life insurance cost calculator.