Pro Rata Wheel

Use the Pro Rata Wheel to calculate either the Pro Rata or Short Rate unearned factor on a cancelled policy. Refer to the insurance company and your agency’s guidelines to determine the method you should use for calculating return premiums.

button-arrow.gif     Accessing the Pro Rata Wheel

button-arrow.gif     Using the Pro Rata Wheel

button-arrow.gif     How the Pro Rata Wheel Calculates the Factors

button-arrow.gif     Pro Rata Wheel Fields

What's Next?

Do you need to create a Cancellation Request/Policy Release? See eForms Manager for more information. Do you need to enter the Cancellation? See Cancel Policy for more information.