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
This version of Insurance Wheel Android App comes with one universal variant which will work on all the Android devices.
If you are looking to download other versions of Insurance Wheel Android App, We have 1 version in our database. Please select one of them below to download.