Once you have this number, multiply by 52 and you should have the annual pro rata salary. There are a number of other factors that you will need to consider to get the true amount, such as National Insurance. Ourpro rata salary calculatorworks this all out for you to make your life a...
One example of where you'll see the term pro-rata in insurance is inpro-rata cancellationterms in insurance policies. These provide that if an insurance policy is canceled during its normal term, such as a year, the only premium due to the insurance company is the portion of the premium b...
The default will display short rate factor for a one year policy which is 90% of pro rata factor. Please keep in mind that Commonwealth Insurance Partners, LLC has provided calculator as a service to its clients, with no warranties or promise of proper function. Date of Cancellation: / / ...
Image Credit:Yozayo/iStock/GettyImages Pro Rata Formula To calculate a pro rata share, you must know the amount you want to calculate the pro rata amount of and the criteria you are using to calculate it. The criteria could any number of things, including ownership shares, days or hours ...