Policy Cancellation Calculator

Calculate earned premium and return premium for pro-rata and short rate cancellations.

Policy information

Full-term premium ($)

Policy term

Custom term (days)

Effective date

Cancellation date

Short rate method

Results

Days elapsed

—

of — days

Pro-rata earned

—

Pro-rata return

—

insured refund

Method	Initiated by	Earned premium	Earned %	Return premium
Enter policy dates above to see results.

For illustration purposes. Verify earned premium calculations against your carrier's policy form language and applicable state regulations before issuing refunds.