TABLE 20.4 Fire insurance short-rate and cancellation table Time policy is in Percent of annual rate force Days: 5 Time policy is in Percent of annual rate force to be charged Months: 5 to be charged 8% 52% 10 10 6 61 20 15 7 67 25 17 00 8 74 Months: 1 19 9 81 2 27 10 87 3 35 11 96 4 44 12 100 Many companies use Days/365.