Life-Insurance Recovery Calculator

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Calculating distribution shares

Calculating distribution shares	* indicates required field
Benefits Paid
* Gross Recovery	You must enter the Gross Recovery.
Attorney's Fees
Attorney's Costs
Click to compute >
Attorney Share
Crime Victims Comp Share
Claimant Share
Offset Share

Explaining the calculations

Explaining the calculations
Use the calculation table above to see specific examples in this explanation.
Net Recovery
Net Recovery	=	(Gross Recovery − $40,000)	−	(Attorney's Fees	+	Attorney's Costs)
	=		−	(	+	)
Net Recovery equals zero if the result of this calculation is less than zero.
Net Recovery less Claimant's 25%
Net Recovery less Claimant's 25%	=	Net Recovery	×	Claimant's 25%
	=		×
Balance
Balance	=	Net Recovery	−	Net Recovery less Claimant's 25%
	=		−
CVC Proportionate Share
CVC Proportionate Share	=	CVC Proportionate Share Percentage	×	Attorney Share
		CVC Proportionate Share Percentage	=	100 (if Gross Recovery > 0 and Benefits Paid ÷ Gross Recovery > 1).
			=	Benefits Paid ÷ Gross Recovery × 100 rounded to two decimal places (if Gross Recovery > 0 and Benefits Paid ÷ Gross Recovery < or = 1).
			=	0 (if Gross Recovery < or = 0).
	=		×
CVC Reimbursement Share
CVC Reimbursement Share	=	Benefits Paid	−	CVC Proportionate Share
	=		−
Remaining Balance
Remaining Balance	=	Balance	−	CVC Reimbursement Share
	=		−
CVC Proportionate Share on Remaining Balance
CVC Proportionate Share on Remaining Balance	=	CVC Proportionate Share on Remaining Balance Percentage	×	Attorney Share
	=		×
Attorney Share
Attorney Share	=	Attorney's Fees	+	Attorney's Costs
	=		+
Crime Victims Comp Share
Crime Victims Comp Share	=	CVC Reimbursement Share	OR	Balance	(whichever is less)
	=		OR		(whichever is less)
Claimant Share
Claimant Share	=	Net Recovery less Claimant's 25%	+	CVC Proportionate Share on Remaining Balance	+	Offset Share
	=		+		+
Offset Share
Remaining Balance Subject to Offset	=	Remaining Balance	−	CVC Proportionate Share on Remaining Balance	OR	zero (if Remaining Balance is less than zero)
	=		−		OR
Use the calculation table above to see specific examples in this explanation.