Before there were computers, insurance companies used a round slide rule device called an "Insurance Wheel" to calculate how much premium was to be refunded for a policy cancelled before its expiration date.
Insurance Wheel replaces the old circular slide rules. Insurance Wheel is a useful tool for insurance brokers as well as insurance carriers.
The Insurance Wheel calculator supports the 3 normal ways of calculating how much premium is returned when an insurance policy is cancelled before its expiration date:
Pro Rata - simple fraction of unearned policy period
Short Rate (90% pro rata) - pro rata discounted 10%
Short Rate - table driven
熱門國家 | 系統支援 | 版本 | 費用 | APP評分 | 上架日期 | 更新日期 |
---|---|---|---|---|---|---|
未知 | Android Google Play | 1.0 App下載 | USD$0.99 | 1970-01-01 | 2015-03-11 |