Assume that you have 3,000 buildings are valued at 500,000 each at full value. For partial...
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Assume that you have 3,000 buildings are valued at 500,000 each at full value. For partial losses, they will pay 30,000 each. If you have 9 total losses and 10 partial losses, what will be you pure premium rate? Assume that you have 3,000 buildings are valued at 500,000 each at full value. For partial losses, they will pay 30,000 each. If you have 9 total losses and 10 partial losses, what will be you pure premium rate?
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To calculate the pure premium rate we need to determine the total expected losses for both total los... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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