Claim-Free Years Calculator

Calculator inputs

Policy start date

Used when “No claims yet” is selected.

Last claim date

No claims yet

Count from

Some insurers start counting after reporting or settlement.

Reported date (optional)

Required only when “Count from” is Reported date.

Paid/settled date (optional)

Required only when “Count from” is Paid/settled date.

Target claim-free years

Common milestones: 1, 3, 5, 10.

Grace days after claim

Optional waiting period before counting starts.

Processing days

Adds extra time after claim reporting/settlement.

Coverage lapse days

Subtracts gaps in coverage from net claim-free days.

Claims in last 5 years

Used for penalties or step-back rules.

Penalty per claim (%)

Applies multiplicatively: (1 − penalty)^claims.

Reset rule

Models conservative insurer behaviour for claims history.

Step-back years (per claim)

Only used when Reset rule is Step-back.

Year basis (days/year)