test annulation



Short-Rate / Pro-Rata Cancellation Calculator

The Calculations below will show UNEARNED (return premium)
factors.
The default will display short rate factor for a one year policy which is 90% of
pro rata factor.  Please keep in mind that Commonwealth Insurance Partners,
LLC has provided calculator as a service to its clients, with no warranties or promise of proper function.

Date of Cancellation:


//


MONTH/DAY/YEAR    (example: 2/23/2005)

Term
in Months:


 
Effective Date:


//

MONTH/DAY/YEAR  

(example: 6/13/2006)

Expiration Date:


//

MONTH/DAY/YEAR   
(example: 6/13/2007)

Days in Effect


Remaining Days

Factor Method:

Earned Factor:




Do
Not Use Commas (,)


Unearned Factor:

Premium:

$




CLICK HERE
when the PREMIUM has been
entered  to calculate the Earned/Return Premiums


Earned Premium:

$



Return Premium:

$