Course Description
Louisiana course approval number: 32304
This course represents 3 Credit Hours of State Certified Continuing Education.
Whether you are an agent who specializes in strictly commercial coverages, personal lines coverages, or even life insurance, it is invaluable to your profession to understand the National Flood Insurance Program. The potential for devastation caused by floods and the public policy considerations and debate involving Flood Insurance provide an excellent case study for gaining a better understanding of the broader concepts related to risk transfer. Additionally, this course will equip you with the knowledge and tools you need to offer this important coverage to your clients.
After completing this lesson, you will be able to:
• Explain where to locate a property’s risk of flood on the internet.
• Describe factors that contribute to flooding
• Explain what the letters FIRM stand for.
• Explain the importance of a community’s participation in the NFIP.
• Define a Base Flood, and explain its importance.
• Describe the building and personal coverage limits available.
• Define a Base Flood, and explain its importance.
• Explain the difference in ″incidental occupancy″ as used in the dwelling form and a standard homeowners form.
• Describe the circumstances under which a building over water may be insured.
**This Course is Approved for 3 Credit Hours in NFIP Flood Training**
