GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is a coverage for flood damage is available from the federal government under the National Flood Insurance Program but is sold by licensed insurance agents.
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Flood Insurance
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Liability Insurance
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Industrial Insurance
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Commercial Insurance
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Explanation:
Detailed explanation-1: -noun. insurance covering loss or damage to property arising from a flood, flood tide, or the like.
Detailed explanation-2: -What Does Flood Insurance Cover? The standard NFIP policy provides replacement cost coverage capped at $250, 000 for damage to the structure of the home and actual cash value coverage capped at $100, 000 for loss of personal possessions.
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