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

question 53

Short Answer

Calculate the building, contents, and total property insurance premium for the following policy. $\begin{array}{lllllll}\text { Area } & \text { Structural } & \text { Building } & \text { Building } & \text { Contents } & \text { Contents } & \text { Total } \\\text { Rating } & \text { Class } & \text { Value } & \text { Premium } & \text { Value } & \text { Premium } & \text { Premium }\\\hline3&\text {D}&\$200,000&&\$86,000&&\end{array}$

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Definitions:

Transmission

The act or process of transmitting something, such as electrical signals, diseases, or genetic information, from one place or organism to another.

Charcot

Refers to Jean-Martin Charcot, a French neurologist known for his work on neurological disorders and for whom several medical conditions are named.

Breuer

Josef Breuer was an Austrian physician and physiologist who played a key role in the early development of psychoanalysis alongside Sigmund Freud.

Mesmer

A historical figure known for his work in the development of theories around animal magnetism, which later influenced the practice of hypnotism.