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Short Rate Cancellation Calculator . The short rate calculator can also be used to determine pro rata cancellation as well as short rate cancellation. Ss011 07/20 short rate cancellation table endorsement (usa) short rate cancellation: How to Calculate Incidence Rate. from www.learntocalculate.com A short rate table is a table used to calculate the earned premium for a policy that is cancelled before the expiration date of an insurance policy. Partial (pro rata) refund calculator. Pro rata / short rate calculator.