|
| May 18, 2009: CompuOffice Software Inc. introduces iM$mart(tm) Lite calculators for use on iPhone and iTouch devices... |
|
CompuOffice Software Inc. has introduces the first free module of a series of financial calculators for the consumer for use on iPhone and iTouch devices.
The purpose of the calculators is to educate consumers about matters involving life insurance and financial planning, and in particular about ways, means and strategies to save money and avoid common and expensive pitfalls. The first moudle, available free of charge to everyone directly through Apple's App Store, provides consumers with a quick and easy to use facility to determine the actual, effective cost, of borrowing when choosing to pay insurance premiums other than annually. Ami Maishlish, President of CompuOffice Software Inc., noted that "The effective rate is often misunderstood and sometimes misrepresented. Unfortunately, regulators don't always require disclosure of these costs to consumers as they should be." "Hidden debt service rates are unfair to consumers and must be revealed" added Maishlish. "If the regulators can't or will not make such disclosure mandatory, the least we can do as a consumer interest focused firm, is to provide consumers with free and easy to use software tools to learn about these costs." To download and install the free iM$mart tool go to to the Apple's App Store by tapping on the App Store icon on your iPhone or iTouch device and search for im$mart lite. This can also be done through iTunes on your Mac or PC. The iM$mart applications also provide consumers with a quick and easy way to access WinQuote for instant Canadian and American life insurance cost comparisons. As WinQuote provides figures for the various premium payment frequencies, along with the annual mode, consumers can use these figures in the iM$mart app in order to learn the effective rate charged by the various insurers for various insurance premium payment frequencies. To do so: a. Run WinQuote to quote rates at the annual mode. b. Run WinQuote again at the "monthly" or other premium payment frequency c. Enter the figures from "a" and "b" into the respective fields on iM$mart and tap on "Calculate" The results are displayed instantly for both rate and dollar amount. E.&O.E. [IM$MART and WINQUOTE are trademarks and service marks of CompuOffice Software Inc.] |
| Print Mail Friend |
| HEADLINES |
| September 03, 2010: Canadian Life Insurers Continue To Acquire US Life Insurers...Industrial Alliance Acquires Golden State Mutual... |
| September 01, 2010: US and Canadian consumers and brokers tap into savings and better life insurance values with QuotesOnTap(R) on SmartPhones and SmartTablets... |
| August 30, 2010: LIMRA Study: Individual life insurance ownership in the US drops to a 50-year low... |
| Aug 16, 2010: QuotesOnTap, North America's first and only fully self-contained independent multiple company life insurance quotation and comparison tool for the new generation of SmartPhones rapidly gains popularity and is being further enhanced... |