The Insurance Premium on a Building Is 0

question 131

Multiple Choice

The insurance premium on a building is 0.05% of the face value. The face value is 75% of the building's market value. The insurance premium is $1650. What is the face value of the policy?

• A) $2,475,000
• B) $33,000
• C) $3,300,000
• D) $4,400,000
• E) $44,000

---

Definitions:

Oxygen Therapy

A medical treatment that provides additional oxygen, usually through a mask or nasal prongs, to patients who have difficulty obtaining enough oxygen on their own.

Cotton Blankets

Soft, woven covers made from cotton fibers, used for warmth and comfort during sleep or rest.

Discharge Teaching

Instruction provided to a patient and their caregivers upon hospital discharge to ensure safe and effective care continuation at home.

Cystic Fibrosis

A genetic disorder that affects the respiratory, digestive, and reproductive systems, leading to the production of thick and sticky mucus that can clog airways and glands.