THIS EVIDENCE of FLOOD INSURANCE is ISSUED as a MATTER of INFORMATION ONLY and CONFERS NO RIGHTS UPON the ADDITIONAL
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People also ask
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Which of the following is generally true of flood insurance quizlet?
Which of the following is generally true of flood insurance? It is usually purchased separately or bundled with a homeowners policy, but it's not standard. -
Which of the following is not covered under flood insurance?
As with all insurance policies, there is a list of exclusions that apply to flood insurance. Currency, precious metals and any valuable paperwork are generally not covered by policies. Most self-propelled vehicles, including cars, are not covered either. -
Which of the following statements about the National Flood Insurance Program is false?
Which statement is false regarding the National Flood Insurance Program (NFIP)? It provides coverage for direct and indirect loss to covered property as the result of flooding; The National Flood Insurance Program does not provide any indirect financial loss coverage. -
Can only one NFIP policy be issued per building no matter how many loans exist?
Because only one NFIP flood insurance policy can be issued on a building, an institution should not request a new NFIP flood insurance policy if one already exists.
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