IBC Lab
Interactive sandbox for the Infinite Banking Concept — model premiums, paid-up additions, dividends, 7-pay MEC limits, and policy loans with your own numbers.
- What it needs
- Base premium, PUA split, dividend rate, loan rate, year N.
- How it calculates
- Builds a year-by-year cash-value schedule from your premium split, applies a flat dividend assumption to paid-up additions, and tests each year's cumulative premium against the IRS 7-pay limit to flag a MEC.
- Where it stops
- Dividends are not guaranteed and are modeled as a constant rate; real carrier illustrations use age-banded factors and vary yearly.
Open the Infinite Banking Concept calculator →Health Class Predictor
Answer a few questions about your health, build, and history to estimate the underwriting class carriers will likely offer — Preferred Plus down to Standard or Table-rated.
- What it needs
- Age, height/weight, tobacco, blood pressure, A1c, family history, driving record.
- How it calculates
- Scores your answers against published carrier build charts and the class thresholds most often seen in Texas offers, then reports the likeliest class and the two adjacent outcomes.
- Where it stops
- It is a prediction, not an offer. Carriers weigh labs, MIB and prescription histories, and APS notes that no questionnaire can see.
Estimate my life insurance health class →Term Ladder Calculator
See how stacking 10/20/30-year term policies can cut total premium versus a single 30-year policy while still covering your highest-risk years.
- What it needs
- Target face amount, ages of dependents, mortgage balance and payoff year, income replacement years.
- How it calculates
- Splits your target death benefit into layers that expire as obligations end, then compares lifetime premium for the layered structure against one level policy.
- Where it stops
- Assumes each layer is issued at the same health class on the same day; separate policy fees on each layer are included but carrier-specific banding discounts are not.
Build a term life insurance ladder →Product Navigator
Walk through goals, budget, and household structure to see which product family — term, IUL, whole, or final expense — actually fits your situation.
- What it needs
- Goal (income replacement, estate, business, funeral), monthly budget, time horizon, age.
- How it calculates
- Maps your goal and horizon to the product families that can structurally deliver it, then filters by whether the stated budget can sustain the required premium.
- Where it stops
- Product family only. It does not rank carriers and does not account for existing coverage you already own.
Find the right Texas life insurance product →Three-Step Policy Audit
Run a quick three-step audit on an in-force policy to spot premium drift, underperforming cash value, and coverage gaps before your next review.
- What it needs
- Current policy type, issue year, face amount, current premium, latest cash value and surrender value.
- How it calculates
- Compares your in-force numbers to the trajectory the policy needed to stay on track and flags the three failure modes we see most: cost-of-insurance drag, lapsed PUA riders, and coverage that no longer matches the obligation it was bought for.
- Where it stops
- An in-force illustration from the carrier is still the authoritative document; use the audit to decide whether to request one.
Audit my policy →Four of the five run right here on this site; the policy audit opens in a new tab. All of them are estimates for education — final rates and product fit come from carrier underwriting and a conversation.
How these tools were built
Every calculator here was written and is maintained by Richard Parslow, a Texas-licensed independent broker. They are not white- labeled carrier widgets and they are not affiliate funnels: none of them require an email address, none pass your inputs to a carrier or lead buyer, and none earn a referral fee. Your inputs stay in your browser — nothing is sent to a server.
The assumptions come from three places: published carrier build and class charts, the actual Texas offers documented in our underwriting guide, and IRS rules for the 7-pay MEC test. Where a number is a judgment call rather than a published rule, the tool says so on screen instead of hiding it in a footnote.
What an estimate can’t do
No calculator sees your labs, MIB record, prescription history, or attending-physician notes — and those are what actually set your class. Treat every output as a planning range that tells you which questions to ask, then confirm it with a real quote. If a tool’s output and a carrier’s offer disagree, the carrier is right.