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What will be you pure premium rate

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Q1. 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?

Q2. Assume that you have 3,000 buildings are valued at 500,000 each at half 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?

Reference no: EM133127573

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