What does nfip stand for - Study guides, Class notes & Summaries

NJ Property/ Casualty Insurance Exam Why was the commercial Insurance Deregulation Act Created? - Answer To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - Answer Commercial policies When must rate amendments & policy forms be filed with the commissioner? - Answer 30 days before What losses are excluded from floo...

Why was the commercial Insurance Deregulation Act Created? Correct Answer To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? Correct Answer Commercial policies When must rate amendments & policy forms be filed with the commissioner? Correct Answer 30 days before What losses are excluded from flood insurance? Correct Answ...

What does FDPA stand for? CORRECT ANSWER Flood Disaster Protection Act What does NFIP stand for? CORRECT ANSWER National Flood Insurance Program What does SFHA stand for? CORRECT ANSWER Special Flood Hazard Area What does FEMA stand for? CORRECT ANSWER Federal Emergency Management Agency What does WYO stand for? CORRECT ANSWER Write Your Own What does SFIP stand for? CORRECT ANSWER Standard Flood Insurance Policy What federally-backed insurance programs are offered through FEMA...

Why was the commercial Insurance Deregulation Act Created? To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? Commercial policies When must rate amendments & policy forms be filed with the commissioner? 30 days before What losses are excluded from flood insurance? -Landslides -Sewer backup -Windblown Rain -Snow -Sleet Who adm...

EADP 3010 Question and answers rated A+ EADP 3010: Exam 2 Review Which of these is NOT a goal of mitigation? - correct answer Save lives after disaster Which of these is a form of non-structural mitigation? - correct answer Purchasing insurance on a home What does it mean to "retrofit" a home? - correct answer Adding a permanent, structural component to an old building Which of these is NOT a part of the Hazard Mitigation Planning Process? - correct answer Assess the ...

NJ Property/ Casualty Insurance Exam Set Questions And Answers 100% Guaranteed Success. Why was the commercial Insurance Deregulation Act Created? - correct answer. To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - correct answer. Commercial policies When must rate amendments & policy forms be file...

Florida Public Adjuster State Test Questions With Correct Answers Latest Update Florida No-Fault Tort Exemption ANS: - Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) ANS: - 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP st...

NJ Property/ Casualty Insurance Exam SeWhy was the commercial Insurance Deregulation Act Created? - ANSWER To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - ANSWER Commercial policies When must rate amendments & policy forms be filed with the commissioner? - ANSWER 30 days before What losses are excluded from flood in...

Why was the commercial Insurance Deregulation Act Created? -ANSWER To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? -ANSWER Commercial policies When must rate amendments & policy forms be filed with the commissioner? -ANSWER 30 days before What losses are excluded from flood insurance? -ANSWER -Landslides -Sewer backu...

Why was the commercial Insurance Deregulation Act Created? - ANSWER To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - ANSWER Commercial policies When must rate amendments & policy forms be filed with the commissioner? - ANSWER 30 days before What losses are excluded from flood insurance? - ANSWER -Landslides -Sewer b...