Short Rate TableCalculator
View and understand insurance short rate tables used by Canadian insurers
🇨🇦 All Major Canadian Insurance Companies
Desjardins Insurance Short Rate Table
This table shows the percentage of annual premium earned based on days in force
| Days in Force | Premium Earned % | Refund % | Penalty % |
|---|---|---|---|
| 1-3 days | 8% | 92% | 7.5% |
| 4-7 days | 9% | 91% | 7.5% |
| 8-11 days | 11% | 89% | 8.4% |
| 12-15 days | 12% | 88% | 8.3% |
| 16-19 days | 14% | 86% | 9.2% |
| 20-23 days | 16% | 84% | 10.1% |
| 24-26 days | 18% | 82% | 11.2% |
| 27-30 days | 19% | 81% | 11.2% |
| 31-34 days | 21% | 79% | 12.1% |
| 35-38 days | 22% | 78% | 12.0% |
| 39-42 days | 23% | 77% | 11.9% |
| 43-46 days | 24% | 76% | 11.8% |
| 47-49 days | 25% | 75% | 11.8% |
| 50-53 days | 26% | 74% | 11.9% |
| 54-57 days | 27% | 73% | 11.8% |
| 58-61 days | 28% | 72% | 11.7% |
| 62-65 days | 29% | 71% | 11.6% |
| 66-69 days | 30% | 70% | 11.5% |
| 70-73 days | 31% | 69% | 11.4% |
| 74-76 days | 32% | 68% | 11.5% |
| 77-80 days | 33% | 67% | 11.5% |
| 81-84 days | 34% | 66% | 11.4% |
| 85-88 days | 35% | 65% | 11.3% |
| 89-92 days | 36% | 64% | 11.2% |
| 93-96 days | 37% | 63% | 11.1% |
| 97-99 days | 38% | 62% | 11.2% |
| 100-103 days | 39% | 61% | 11.2% |
| 104-107 days | 40% | 60% | 11.1% |
| 108-111 days | 41% | 59% | 11.0% |
| 112-115 days | 42% | 58% | 10.9% |
| 116-119 days | 43% | 57% | 10.8% |
| 120-122 days | 44% | 56% | 10.8% |
| 123-126 days | 45% | 55% | 10.9% |
| 127-130 days | 46% | 54% | 10.8% |
| 131-134 days | 47% | 53% | 10.7% |
| 135-138 days | 48% | 52% | 10.6% |
| 139-142 days | 49% | 51% | 10.5% |
| 143-146 days | 50% | 50% | 10.4% |
| 147-149 days | 51% | 49% | 10.5% |
| 150-153 days | 52% | 48% | 10.5% |
| 154-157 days | 53% | 47% | 10.4% |
| 158-161 days | 54% | 46% | 10.3% |
| 162-165 days | 55% | 45% | 10.2% |
| 166-169 days | 56% | 44% | 10.1% |
| 170-172 days | 57% | 43% | 10.2% |
| 173-176 days | 58% | 42% | 10.2% |
| 177-180 days | 59% | 41% | 10.1% |
| 181-184 days | 60% | 40% | 10.0% |
| 185-188 days | 61% | 39% | 9.9% |
| 189-192 days | 62% | 38% | 9.8% |
| 193-195 days | 63% | 37% | 9.8% |
| 196-199 days | 64% | 36% | 9.9% |
| 200-203 days | 65% | 35% | 9.8% |
| 204-207 days | 66% | 34% | 9.7% |
| 208-211 days | 67% | 33% | 9.6% |
| 212-215 days | 68% | 32% | 9.5% |
| 216-219 days | 69% | 31% | 9.4% |
| 220-222 days | 70% | 30% | 9.5% |
| 223-226 days | 71% | 29% | 9.5% |
| 227-230 days | 72% | 28% | 9.4% |
| 231-234 days | 73% | 27% | 9.3% |
| 235-238 days | 74% | 26% | 9.2% |
| 239-242 days | 75% | 25% | 9.1% |
| 243-245 days | 76% | 24% | 9.2% |
| 246-249 days | 77% | 23% | 9.2% |
| 250-253 days | 78% | 22% | 9.1% |
| 254-257 days | 79% | 21% | 9.0% |
| 258-261 days | 80% | 20% | 8.9% |
| 262-265 days | 81% | 19% | 8.8% |
| 266-268 days | 82% | 18% | 8.8% |
| 269-272 days | 83% | 17% | 8.9% |
| 273-276 days | 84% | 16% | 8.8% |
| 277-280 days | 85% | 15% | 8.7% |
| 281-284 days | 86% | 14% | 8.6% |
| 285-288 days | 87% | 13% | 8.5% |
| 289-292 days | 88% | 12% | 8.4% |
| 293-296 days | 89% | 11% | 8.3% |
| 297-299 days | 90% | 10% | 8.4% |
| 300-303 days | 91% | 9% | 8.4% |
| 304-307 days | 92% | 8% | 8.3% |
| 308-311 days | 93% | 7% | 8.2% |
| 312-315 days | 94% | 6% | 8.1% |
| 316-318 days | 95% | 5% | 8.2% |
| 319-326 days | 96% | 4% | 7.6% |
| 327-334 days | 97% | 3% | 6.5% |
| 335-341 days | 98% | 2% | 5.4% |
| 342-349 days | 99% | 1% | 4.3% |
| 350-365 days | 100% | 0% | 2.1% |
Ready to Calculate Your Exact Refund?
Use our calculator to determine your specific penalty and refund amount based on your policy details
Use Short Rate CalculatorHow to Read Short Rate Tables
Understanding the Columns
- Days in Force: How many days your policy was active before cancellation
- Premium Earned %: The percentage of your annual premium the insurer keeps
- Refund %: The percentage of your annual premium you get back
- Penalty %: The extra amount charged compared to pro-rata cancellation
Example Calculation
If you cancel after 60 days with a $1,200 annual premium:
- Premium Earned: 23% = $276
- Refund: 77% = $924
- Pro-rata would be: (60/365) × $1,200 = $197
- Short rate penalty: $276 - $197 = $79
⚠️ Important: Different insurance companies use different short rate tables. Always verify with your specific insurer or use our calculator with your company selected.