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Jerry built a home in a flood plain. He did not purchase flood insurance. Recently, a noted ...

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Jerry built a home in a flood plain. He did not purchase flood insurance. Recently, a noted ...

Jerry built a home in a flood plain. He did not purchase flood insurance. Recently, a noted meteorologist predicted torrential rains for the area for the next 7 days. Jerry attempted to purchase flood insurance through the National Flood Insurance Program. Which flood insurance provision is likely to block Jerry's efforts to obtain coverage for protection against the predicted torrential rain?
A) waiting period
B) definition of covered flood
C) deductible
D) insurance limit

Textbook

Principles of Risk Management and Insurance

Edition: 12^th

Authors: Rejda, McNamara

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