Answer:
You would have to read the policy and see if it complies with the requirements on private flood insurance. See page 57 of the MPFIG manual.
First published on BankersOnline.com 5/2/11
Catastrophe Policy and FEMA Regulations
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Question:
We have a customer who has a Catastrophe Policy for their homeowners and flood insurance. Does this comply with FEMA Regulations?
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