National Flood Insurance Overview

Description:

Flood is the nation’s number one natural disaster. And because of its unpredictability and catastrophic nature, insurance is not always available. In this course students will learn about the background, availability, and criteria for the National Flood Insurance Program.  Students will visit the National Flood’s website to directly gain knowledge about how it operates.  In addition, students will learn about the benefits of flood insurance and the options that property owners have for financing flood losses. The Learning Sites will also point students to the coverage of a standard flood policy and other resources and information available on the National Flood’s website including the online calculator, hazard zones, and Quick Quotes. Each screen will give the learner the opportunity to test their knowledge.

TOPICS

• The Flood Risks Associated with Property in Various Types of Locations
• The Background and Operation of the National Flood Insurance Program (NFIP)
• Scenarios that Meet the NFIP Definition of “Flood”
• The Benefits of Flood Insurance and Compare Them with Federal Disaster Relief.
• The Factors the NFIP Uses to Assess Flood Risks and Calculate Flood Insurance Premiums
• Information Available on a Flood Insurance Rate Map
• Criteria Necessary to Qualify for a Preferred Risk Policy
• Key Terms and Phrases Used in the NFIP

Course ID:  102  

Tuition:  $40 Member, $50 Non-member per registration plus CE fees if applicable.

Log-on date:  Upon receipt of Welcome@WebCourse.com email message. 

Course Length:  Estimated 4 hours to complete.

Time:  Course will be open for 60 days from the day the WebCourse email welcome message is sent.

Insurance Continuing Education Credits: 4 PA, 4 NJ, 4 DE, 4 MD

Comments:  No text required.  Self-tests and final exam.  Final Examination is mandatory only for CE Credits.