Insurance Tools

Policy Premium Calculators

Professional mid-term policy changes, cancellations, credit application and bus premium calculations from one screen.

Mid-Term Addition / Deletion

Replace a vehicle on an active policy. The calculator automatically compares the old and new daily premium for the time remaining.

Just enter the original start and expiry dates. The calculator automatically detects whether the policy was for 3 months, 6 months or 1 year and uses the matching rate.

Vehicle / Policy Being Deleted

Vehicle / Policy Being Added

Replacement Summary

The calculator compares the old and new cost per day for the days left on the original policy.

Policy Time

Detected term—
Total policy days—
Days already used—
Days remaining—

Daily Premium Comparison

Old vehicle cost per day—
New vehicle cost per day—
Difference per day—
Old unused premium—
New premium for days remaining—
Premium difference—
Policy change fee—
Final Addition / Deletion Adjustment
BZD $0.00
No calculation yet

If both vehicles have the same premium, the premium difference is $0 and the result is only the policy change fee.

Policy Cancellation

Calculate earned premium, unearned premium and the customer's resulting credit or balance.

This calculator uses straight daily pro-rata. It does not assume a short-rate penalty, minimum earned premium, or cancellation charge unless you enter one.

Cancellation Summary

Total policy days—
Days covered—
Unused days—
Earned premium—
Unearned premium—
Amount paid—
Fee / deduction—
Cancellation Result
BZD $0.00
No calculation yet

Bus Premium Calculator

Calculate C-Plate fixed rates or D-Plate premiums using the seating formula from the supplied rate sheet.

D-Plate annual formula: (Passenger seats - 7) × $7 + base rate • 6 months = annual ÷ 2 • 3 months = annual ÷ 4

Bus Premium Results

Annual
BZD $0.00
6 Months
BZD $0.00
3 Months
BZD $0.00
D-Plate
Enter seating and calculate.
Rate Sheet
C-Plate quick reference
CylindersAnnual6 Months3 Months
4 Cyl$510.00$255.00$127.50
6 Cyl$575.00$287.50$143.75
8 Cyl$638.00$319.00$159.50