Examples
Examples
Try the starting example
- Premium paid (USD)
- 1200
- Earned premium fraction supplied by insurer (%)
- 35
- Cancellation fee (USD)
- 25
- Earned premium (USD)
- $420.00
- Refund (USD)
- $755.00
- Additional amount due (USD)
- $0.00
Try another scenario
- Premium paid (USD)
- 1201
- Earned premium fraction supplied by insurer (%)
- 35
- Cancellation fee (USD)
- 25
- Earned premium (USD)
- $420.35
- Refund (USD)
- $755.65
- Additional amount due (USD)
- $0.00
Calculation method
Calculation method
Earned premium (USD)
Use the user-supplied short-rate earned fraction, then deduct cancellation fee from unearned premium.
Refund (USD)
Use the user-supplied short-rate earned fraction, then deduct cancellation fee from unearned premium.
Additional amount due (USD)
Use the user-supplied short-rate earned fraction, then deduct cancellation fee from unearned premium.
Symbols and units
- a
- Premium paid (USD)
- b
- Earned premium fraction supplied by insurer (%)
- c
- Cancellation fee (USD)
Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.
Assumptions & limits
Assumptions & limits
- User-supplied measurements and assumptions; Use the user-supplied short-rate earned fraction, then deduct cancellation fee from unearned premium. Supported limits: Finite numeric values bounded to 1e9 magnitude; lists and tables contain 1–100 records unless a stricter bound is stated. Inputs use the units shown. Lists explicitly paired by a method must have matching lengths; independent polynomial coefficient vectors may differ. Respect stated physical, interpolation, policy and computational domain limits.
Are these inputs private?
These calculations run in your browser. A shared link contains the values you choose to share. Only questions submitted to the separate AI finder are sent to OpenAI.