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National Flood Insurance Policy (NFIP) Quizzes & Ans 2023

National Flood Insurance Policy (NFIP) Exam 2023 National flood insurance program (NFIP) - ️️ 1. standard homeowners insurance doesn't cover flooding 2. the NFIP offers flood insurance, if their community participates in the NFIP 3. participating communities agree to adopt and enforce ordinances that meet or exceed federal emergency management agency requirements to reduce risk of flooding who is NFIP administered by? - ️️ FEMA in order to qualify for flood insurance, a community...

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National Flood Insurance Policy (NFIP) Exam 2023

Base Flood - Answer 1% annual chance flood Base Flood Elevation (BFE) - Answer Computed elevation to which floodwater is anticipated to rise during the base (1% annual chance) flood Special Flood Hazard Area (SFHA) - Answer Area covered by the 1% annual chance floodplain The six SFHA zones: - Answer A, AE, AH, AO, V, VE Floodway - Answer Stream channel and that portion of the adjacent floodplain that must remain open to permit passage of the base flood The National Flood Insurance...

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NIST 500-292 Cloud Computing Security Reference Architecture NIST 500-299 Security Reference Architecture NIST 800-037 Risk Management Frameworks NIST 800-053 Privacy Control NIST 800-057 Encryption

The three standard flood insurance policy coverage forms available are the: - Answer dwelling form general property form residential condominium building association policy (RCBAP) form Eligibility for coverage - Answer affected by a community's participation in the national flood insurance program and by the type and/or location of the building, structure, or contents to be insured. special flood hazard areas (SFHA) - Answer sometimes informally referred to as the floodplain, have a 1 ...

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For what type of property may an applicant or insured choose a maximum deductible of $10,000? - Answer A residential building Your client lives in a flood zone A. What type of flood risk is his property subject to? - Answer High A waiting period in flood insurance is usually - Answer 30 days What would happen if an agent submitted a flood insurance application for a drive in bank teller unit or a pumping station? - Answer Coverage would be declined More than 20% of all NFIP flood ins...