Term Insurance Calculator
Check Insurance, Secure Life
Free · In-App Purchases · Designed for iPad. Not verified for macOS.
Easily calculate your term insurance cover, view estimated monthly and yearly premiums, and generate shareable PDF reports.
Planning for your family's future should not be complicated. Term Insurance Calculator helps you estimate the life cover you may need based on your age, expenses, financial goals, savings, liabilities and more.
Whether you are buying your first term insurance policy or reviewing your existing coverage, this app gives you a quick estimate in just a few steps. It also provides estimated monthly and yearly premiums so you can plan your finances with greater confidence.
Key Features
- Calculate your recommended term insurance cover instantly
- View estimated monthly and yearly premium amounts
- Factor in household expenses and future financial needs
- Include education and marriage goals in your calculation
- Add outstanding loans and other liabilities
- Adjust inflation and expected investment return assumptions
- Consider your existing life insurance cover and current savings
- Generate professional PDF reports for future reference
- Share reports with your family, financial planner or insurance advisor
- Simple, clean and easy-to-use interface
- Helpful FAQs to understand term insurance better
Why Use This App?
Choosing the right term insurance cover is one of the most important financial decisions you'll make. Buying too little may leave your family under-protected, while buying more than required can increase your premium unnecessarily.
This calculator helps you estimate an appropriate cover amount using practical financial inputs such as your monthly household expenses, liabilities, savings, retirement planning and future family goals.
It's designed for individuals who want to make informed decisions before speaking with an insurance advisor or purchasing a policy.
Perfect For
- Salaried employees
- Self-employed professionals
- Parents planning for their children's future
- Young professionals starting financial planning
- Anyone comparing different term insurance options
PDF Reports
Generate professional PDF reports containing your inputs, assumptions, recommended cover amount and estimated premiums. Save them for future reference or share them with your family and financial advisor.
Disclaimer
This app is intended for educational and informational purposes only. The calculations are estimates based on the information provided by you and should not be treated as financial, investment or insurance advice. Premium estimates are indicative and may differ from the actual premium offered by insurance companies based on factors such as age, health, lifestyle, occupation and underwriting. This app is not affiliated with, endorsed by, or associated with any insurance company or insurance intermediary, and it does not sell or issue insurance policies. Please consult a licensed insurance advisor before making any insurance or financial decisions.
Ratings & Reviews
- This app has not received enough ratings or reviews to display an overview.
- New PDF reports with a cleaner, professional layout for easy sharing and printing.
- Added estimated monthly and yearly premium calculations for better financial planning.
- Improved app performance for a smoother and faster experience.
- Fixed minor issues and refined the overall user interface.
The developer, Dhara Patel, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Identifiers
- Usage Data
Data Linked to You
The following data may be collected and linked to your identity:
- Identifiers
- Usage Data
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Financial Info
- Contact Info
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
- Provider
- Dhara Patel
- Size
- 34.5 MB
- Category
- Finance
- Compatibility
Requires iOS 15.0 or later.
- iPhone
Requires iOS 15.0 or later. - iPad
Requires iPadOS 15.0 or later. - iPod touch
Requires iOS 15.0 or later. - Mac
Requires macOS 12.0 or later and a Mac with Apple M1 chip or later. - Apple Vision
Requires visionOS 1.0 or later.
- iPhone
- Languages
- English
- Age Rating
4+
- 4+
- Contains
Advertising
- In-App Purchases
Yes
- Remove Ads (Lifetime) USD 1.99
- Copyright
- © 2026 Term Insurance Cost Calculator