About Insurance Wheel
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...
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
Previous Versions
Here you can find the changelog of Insurance Wheel since it was posted on our website on 2019-09-13 12:17:42.
The latest version is 1.0 and it was updated on 2026-06-26 20:33:45. See below the changes in each version.
Insurance Wheel version 1.0
Updated At: 2014-09-16
Disclaimer
Official Google Play Link
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