Actuarial Notes

Exam DISC-RM Practice Question 405

Study guide: Exam DISC-RM

An office building classification is rated on area at $30 per 1,000 square feet. The building measures 50 by 80 feet on the outside and has three floors above ground and a basement, 70% of which is used for storage and the heating plant. What is the general liability premium?

  • A) $120
  • B) $360
  • C) $480
  • D) $3,600

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