WorksheetsFlood Insurance
Total questions: 7
Worksheet time: 2mins
What is Flood Insurance
To stop your home from getting flooded
A type of company that gives you a loan of money to pay for flood damages that you will have to later repay
A type of insurance that cover your home and belongings from flood damage
A type of insurance that gives you a new house and new belongings after a flood
A type of Insurance that's gives you a new house and belongings along with money to cover the damage from the flood
What is NFIP?
National Flood Insurance Program that offers different types of money for a loan from a pervious flood.
National Flood Insurance Program that offers different types of insurance polices.
National Flood Insurance Program that offers different types of private flood insurance polices.
National Flood Program that offers different types of houses to choose from when getting help from a private insurance policy.
Who needs flood insurance?
Someone who wants to use it when they have water on their floor from an overflow in the sink.
Someone who lives nowhere near any bodies of water.
Someone who lives close to bodies of water that rarely gets floods.
Someone who lives in an area prone to flooding or bodies of water.
is a type of insurance with additional coverage options and flexibility.
(a)
What does flood insurance TYPICALLY cover?
Damages to the house only
Damages to the house and your belongings
Damages to your belongings only
damages to you and your neighbor's property.
True or false flood insurance cannot be purchased immediately before or during a flood?
True
False
Which two factors impact the coverage cost?
Medical expenses & policy coverage
Family liability & retirement discount
How much coverage you buy & what the policy covers
