Enter the expiring annual premium ($) into the Calculator. The calculator will evaluate the Tail Coverage. 

Tail Coverage Formula

TC = EP * 2

Variables:

  • TC is the Tail Coverage ($)
  • EP is the expiring annual premium ($)

To calculate Tail Coverage, multiply the expiring annual premium by 2.

How to Calculate Tail Coverage?

The following steps outline how to calculate the Tail Coverage.

  1. First, determine the expiring annual premium ($). 
  2. Next, gather the formula from above = TC = EP * 2.
  3. Finally, calculate the Tail Coverage.
  4. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

expiring annual premium ($) = 2000