Insurance Calculators

Astute’s Insurance Planning tools provide advisers with an end-to-end process for facilitating Personal Insurance for their clients.

  • Online mini fact find
  • Scoping and scaling tool
  • Risk needs analysis live with clients
  • Income Protection, Life, TPD & Trauma
  • Comprehensive file notes
  • Risk Strategy Paper & SOA

Insurance calculators. Risk Calculators

Insurance Calculators

$50 +GST P/M

Client Engager ($200) + Insurance Calculators $50 +GST P/M
= $250 + GST P/M

The needs analysis calculators provide the financial planner with a structured discussion to capture key information from the client around their insurance needs.

The process is flexible and intuitive with the end result being a comprehensive and logical needs analysis with file notes automatically generated. Because the analysis is saved on the system a yearly review can be done in minutes, just one way a financial adviser can show value using this calculator.

Details tab

The details page allows the adviser and client to confirm various financial details and assumptions that will be used in the insurance calculators to determine the clients’ needs. These can subsequently be adjusted to show the effect on each insured amount.

Astute Insurance Planner

Life Insurance Calculator

The life insurance calculator provides a sequence of questions to help the client determine how much life cover their family requires in the event of either partner becoming deceased.

The graph provides a visual representation of each decision on the clients’ annual cashflow and shows the total amount required.

Life Insurance Calculator - Astute Financial Planner

Income protection calculator

The income protection calculator draws the components of the client’s salary from previous information supplied and allows the adviser to quickly and easily determine the client’s income protection options and their wishes.

Income protection calculator - Astute Insurance Planner

Total & Permanent Disability Calculator

Building on the information provided in the life cover and income protection calculators, the Total and Permanent Disability Calculator (TDP calculator) provides further questions for the clients to consider if either of them became totally and permanently disabled.

The graphs visually depict the impact of their decision on both annual cashflow and shows their overall insurance needs.

Total and permanent disability calculator - Astute Financial Planner

Trauma Calculator

The Trauma calculator, provides a number of questions for the client to consider if either of them were to experience a trauma event and the graph shows visually the components of their trauma needs and the accumulated lump sum required.

Trauma calculator - Astute Financial Planner

Insurance summary

Generate strategy papers & statements of advice

Facilitates a comprehensive risk needs analysis with summary and file notes. Calculators include Life Insurance, Income Protection, Total and Permanent Disability, Trauma & Critical Illness. Add current polity and replacement product information and click ‘generate’ to produce the SOA in seconds.

Insurance Summary