insurancecalculatorpackage 1.0.0

A small python library for calculating insurance premiums with my logic.

Insurance Calculator

Insurance calculator is a Python package for insurance premium calculations. It includes functions to calculate life, motor, and health insurance premiums.

Installation

Install the library using pip:

pip install insurance-calculator-omkhulbe

Usage

Just create the object. For ex.

calc = Calculator()
print(calc.calculate_life_premium(34, "female", 0.02, 150000, 20))
print(calc.calculate_health_premium(21, "female", 0.02, 25000, 1))
print(calc.calculate_motor_premium(4, 20000, 120, 2))

For Life Insurance Parameter are as follows:

Age, Gender, Base Rate(0.02 = 2%), Sum Assured, Tenure

It provides the monthly premium amount.

For Health Insurance Parameter are as follows:

Age, Gender, Base Rate(0.02 = 2%), Sum Assured, Tenure

It provides the overall premium as per the tenure.

For Motor Insurance Parameter are as follows:

Vehicle Age, Initial IDV, Base Premium, Tenure

It provides three outputs Current IDV, Yearly Premium, Total Premium.