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Author Question: As an insurance agent, you are asked by Oceana Industries for a quote on the total annual premium ... (Read 60 times)

arivle123

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on: Jun 24, 2018
As an insurance agent, you are asked by Oceana Industries for a quote on the total annual premium for property insurance on a new warehouse in the amount of 975,000. The building is structural classification C and area rating 3. In addition, Oceana will require contents insurance in the amount of 2,100,000. What is the amount of your quote? (Use Table 19-4 from your text)

Question 2

A commission paid in advance of sales and later deducted from the commission earned is called a draw against the salary.
  Indicate whether the statement is true or false


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Jbrasil

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Reply #1 on: Jun 24, 2018
Answer to Question 1

22,897.50

Answer to Question 2

FALSE


arivle123

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

lkanara2

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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