As an underwriter for SS Insurers, you have just received an email from one of

your mandated brokers, TT Brokers, asking you to change the agency on an

existing policy to TT Brokers, with effect from the $1$st of the following month. The

policy in question is for a client named Mr J$,$ who is a $21-$year$-$old business

management intern at HH Holdings. HH Holdings recently adopted a work$-$from$-$

home policy, which also applies to all interns. However, business management

interns may be required to travel to and from clients during the day, using their

own insured vehicles. The company covers fuel costs only.

Mr J$$s policy is currently under the Agency of XXX Brokers Pty$,$ and he is currently

covered for:

$1.$ Householders $($Basic Excess is $10\%$ of claim, minimum R$2500)$: He is

renting a granny cottage covered under the landlord$$s policy for

Homeowners. The flat is of standard construction located in one of the

industrial areas of Durban South. He is insured for the minimum value

of R$250000.$ He meets the minimum security of having burglar bars on

all windows and doors. According to SS Insurer$$s rating guide, the basic

rate for Householders is $0\mathrm{.}22\%,$ with $2\%$ loadings on properties around

this industrial area due to the high crime rate.The linked alarm discount is $10\%.$ All rates and premiums are annual.

$2.$ Personal All Risks Specified $($Basic excess of R$3000)$ SS insurer$$s rate

guide states that the premium rate is $15\%$ for the following:

$$ Huawei P$40$ cellphone insured for R$8000$

$1\backslash$times Dell laptop insured for R$15000$

$1\backslash$times Canon Printer insured for R$7000$

$3.$ Motor Section $($Basic excess is $10\%$ of claim, minimum R$15000)$: $2010$

Nissan Almera with a retail value of R$90000,$ which is used for private

and business use. He has been claims$-$free for the past three years. The

rate guide says $5\%$ basic rate. There is a $10\%$ discount for drivers older

than $55$ years and $5\%$ loadings for drivers younger than $25$ years. There

is a $15\%$ discount for fitted tracking devices, and a $20\%$ discount for No

claim Bonus$/$Claim Free Group $($NCB$/$CFG$)$ over three years.

Answer the following question:

Calculate the premium under the following sections $($show all

calculations$)$:

a$.$ Householders $(2)$

b$.$ Motor Section $(3)$

c$.$ All$-$risk Section.