auto insurance home insurance life insurance health insurance long term care insurance disability insurance renters insurance recreational insurance commercial insurance

PRO-RATA CANCELLATION When the policy is terminated midterm by the insurance company, the earned premium is calculated only for the period coverage was provided. For example: an annual policy with premium of $1,000 is cancelled after 40 days of coverage at the company's election. The earned premium would be calculated as follows: 40/365 days X $1,000= 110 X $1,000= $110.

auto insurance home insurance life insurance health insurance long term care insurance disability insurance renters insurance recreational insurance commercial insurance		about webinsurancequote.com why you should use webinsurancequote.com click here to find out why contacting webinsurancequote.com click here to contact webinsurancequote.com information for insurance agents click here if you are an insurance agent insurance agents sign up now click here to sign up for receiving insurance quotes

© Copyright 2000 All rights reserved.
web site designed by LiNK4PC
powered by concorde serversnetwork backbone by cais