What are lapsed policies costing you?
A free calculator for insurance agents and brokers. Enter your numbers and see the premium and commission that lapse each year.
₹36,00,000 in premium lapsing each year, ₹5,40,000 of it your commission.
Premium lapsing each year
₹36,00,000
240 of 1,200 policies due this year do not renew.
Your commission lost
₹5,40,000 a year
If your renewal rate improved by 5 points
- Extra renewals a year
- 60
- Premium kept
- ₹9,00,000
- Commission kept
- ₹1,35,000
Estimate based only on the numbers you enter. It is not a prediction of results.
Want to keep more of those renewals?
Our Insurance Renewal Guard sends WhatsApp reminders before every expiry, sorts replies with AI, and alerts your advisor the moment a customer wants to renew.
How the numbers are worked out
Method- Policies due a year = policies due each month × 12.
- Lapsed policies = policies due a year × (100% − your renewal rate).
- Lapsed premium = lapsed policies × average annual premium.
- Commission lost = lapsed premium × your renewal commission.
- The improvement row applies the extra points you choose to the same policies due.
About this calculator
FAQPolicies due each month multiplied by 12 gives the policies due in a year. The share that does not renew, at your current renewal rate, is multiplied by your average annual premium. Commission lost is that premium multiplied by your renewal commission.
No. It shows what your own numbers imply, and what a renewal rate improvement of your choosing would be worth. Results depend on your book, your customers, and how renewals are handled today.
No. The calculation runs in your browser and nothing is sent anywhere unless you choose to contact us.