Calculate the Building, Contents, and Total Property Insurance Premium for the Following

question 128

Short Answer

Calculate the building, contents, and total property insurance premium for the following policy. $\begin{array}{lllllll}\text { Area } & \text { Structural } & \text { Building } & \text { Building } & \text { Contents } & \text { Contents } & \text { Total } \\\text { Rating } & \text { Class } & \text { Value } & \text { Premium } & \text { Value } & \text { Premium } & \text { Premium }\\\hline4&\text {C}&\$70,000&&\$19,000&&\end{array}$

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Definitions:

Ethnocentrism

The practice of evaluating a different culture exclusively through the lens of one's own cultural norms and values.

Overload

A situation where the amount of work or information exceeds an individual's capacity to process it, leading to stress or decreased performance.

Collateral Stress Programs

Are organizational programs created specifically to help employees deal with stress.

Enrichment Programs

These programs are designed to provide additional learning experiences beyond the standard curriculum, to enhance the knowledge, skills, or well-being of participants.