Download Insurance Wheel 1.0 APK for Android

Name: insurance-wheel.apk
ID: com.grimmersoftware.insurancewheel
Version: 1.0
Size: 0 Mb

Insurance Wheel Screen Preview

Download Insurance Wheel APK for Android

Insurance Wheel Details

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