Fire & Allied Peril

0.1%o 0.3%o 0.5%o 0.2%o 0.1%o 0.25%o 0.3%o 0.6%o

Building 20,000,000 2,000 6,000 10,000 4,000 2,000 5,000 6,000 12,000
Plant & Machinery 15,000,000 1,500 4,500 7,500 3,000 1,500 3,750 4,500 9,000
Stocks 10,000,000 1,000 3,000 5,000 2,000 1,000 2,500 3,000 6,000
Total 4,500 13,500 22,500 9,000 4,500 11,250 13,500 27,000 105,750

Gross Premium 105,750

Admin Charges 5,000
110,750
FED (16%) 17,720
FIF (1%) 1,108
Stamp Duty 100
Net Premium 129,678

Motor Policy
Vehicles 50,000,000
Rate 2.5% net
Net premium 1,250,000
Stamp Duty 100
1,249,900
FED (16%) 170,926
FIF (1%) 10,683
1,068,291
Admin Charges 5,000
Gross Premium 1,063,291

Misc policy
Cash in Safe 5,000,000 3% 150,000 Total Net Premium
Cash in Transit 2,500,000 3.25% 81,250 Fire/Allied Policy 129,678
231,250 Motor Policy 1,250,000
Admin Charges 5,000 Misc Policy 276,513
236,250 1,656,191
FED (16%) 37,800
FIF (1%) 2,363
Stamp Duty 100
276,513