Short Rate TableCalculator

View and compare insurance short rate tables used by major Canadian insurers

Desjardins Insurance Short Rate Table

Percentage of annual premium earned based on days in force

Days in ForceEarned %Refund %Penalty %
1–3 days8%92%7.5%
4–7 days9%91%7.5%
8–11 days11%89%8.4%
12–15 days12%88%8.3%
16–19 days14%86%9.2%
20–23 days16%84%10.1%
24–26 days18%82%11.2%
27–30 days19%81%11.2%
31–34 days21%79%12.1%
35–38 days22%78%12.0%
39–42 days23%77%11.9%
43–46 days24%76%11.8%
47–49 days25%75%11.8%
50–53 days26%74%11.9%
54–57 days27%73%11.8%
58–61 days28%72%11.7%
62–65 days29%71%11.6%
66–69 days30%70%11.5%
70–73 days31%69%11.4%
74–76 days32%68%11.5%
77–80 days33%67%11.5%
81–84 days34%66%11.4%
85–88 days35%65%11.3%
89–92 days36%64%11.2%
93–96 days37%63%11.1%
97–99 days38%62%11.2%
100–103 days39%61%11.2%
104–107 days40%60%11.1%
108–111 days41%59%11.0%
112–115 days42%58%10.9%
116–119 days43%57%10.8%
120–122 days44%56%10.8%
123–126 days45%55%10.9%
127–130 days46%54%10.8%
131–134 days47%53%10.7%
135–138 days48%52%10.6%
139–142 days49%51%10.5%
143–146 days50%50%10.4%
147–149 days51%49%10.5%
150–153 days52%48%10.5%
154–157 days53%47%10.4%
158–161 days54%46%10.3%
162–165 days55%45%10.2%
166–169 days56%44%10.1%
170–172 days57%43%10.2%
173–176 days58%42%10.2%
177–180 days59%41%10.1%
181–184 days60%40%10.0%
185–188 days61%39%9.9%
189–192 days62%38%9.8%
193–195 days63%37%9.8%
196–199 days64%36%9.9%
200–203 days65%35%9.8%
204–207 days66%34%9.7%
208–211 days67%33%9.6%
212–215 days68%32%9.5%
216–219 days69%31%9.4%
220–222 days70%30%9.5%
223–226 days71%29%9.5%
227–230 days72%28%9.4%
231–234 days73%27%9.3%
235–238 days74%26%9.2%
239–242 days75%25%9.1%
243–245 days76%24%9.2%
246–249 days77%23%9.2%
250–253 days78%22%9.1%
254–257 days79%21%9.0%
258–261 days80%20%8.9%
262–265 days81%19%8.8%
266–268 days82%18%8.8%
269–272 days83%17%8.9%
273–276 days84%16%8.8%
277–280 days85%15%8.7%
281–284 days86%14%8.6%
285–288 days87%13%8.5%
289–292 days88%12%8.4%
293–296 days89%11%8.3%
297–299 days90%10%8.4%
300–303 days91%9%8.4%
304–307 days92%8%8.3%
308–311 days93%7%8.2%
312–315 days94%6%8.1%
316–318 days95%5%8.2%
319–326 days96%4%7.6%
327–334 days97%3%6.5%
335–341 days98%2%5.4%
342–349 days99%1%4.3%
350–365 days100%0%2.1%

How to Read This Table

  • Days in Force: How many days your policy was active before cancellation
  • Earned %: The percentage of your annual premium the insurer keeps
  • Refund %: The percentage you get back
  • Penalty %: The extra amount charged vs. a pro-rata (proportional) cancellation

Want to calculate your exact refund in dollars?