"Pro-rata" refers to parceling something out proportionally. For example, you might prorate monthly rent payments if you only rent an apartment for part of the month or have your biweekly salary prorated if you start or leave your job in the middle of a pay period. In insurance, pro-rat...
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...
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: / / ...