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

question 102

Short Answer

Calculate the building, contents, and total property insurance premium for the following policy. $\begin{array}{lllllll}\text { Area } & \text { Structural } & \text { Building } & \text { Building } & \text { Contents } & \text { Contents } & \text { Total } \\\text { Rating } & \text { Class } & \text { Value } & \text { Premium } & \text { Value } & \text { Premium } & \text { Premium }\\\hline2\text {B}&\$618,000&&\$120,000&&\end{array}$

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Definitions:

Deepak Chopra

An Indian-American author, public speaker, and advocate of alternative medicine known for his contributions to the mind-body-spiritual connection.

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