|WHO SHOULD/MUST ATTEND:
This course will help beginner insurance personnel understand the insuring process, procedures, history and facts surrounding writing the flood policy for a customer. This course could also be a good refresher for those that have been in the business but have not reviewed the policy in some time or for those needing the 2-year re-certification so that the agency is part of the NFIP referral program on FloodSmart. We will also take a detail look at the flood insurance policy. This should be looked at as a pre-requisite to Flood 102. This is a VIDEO presentation.
This course is also designed to meet FEMA’s minimum training and education requirements as stated in section 207 of the Flood Insurance Reform Act of 2004 for all insurance agents who sell Standard Flood Insurance Policies issued through the National Flood Insurance Program (NFIP).
- History and statistics
- The bank's role
- The insurance agency's role
- The customer’s role
- FEMA and OST Contacts
- The elevation certificate primer
- What is LODR or LOMA and the insured needs to get involved
- Is there a LODR or LOMA already in existence?
- Coverage eligibility through NFIP
- Rating a policy
- Policy review
- Coverage A Dwelling
- Coverage B Contents
- Coverage C Other Coverages
- Coverage D Increased Cost of Compliance
- Excluded stuff
- Loss Settlement
COURSE DETAILS & POLICIES:
Cancellation/Refund Policy: There will be a $35.00 penalty fee if we are not notified in advance of three (3) business days of the scheduled class. Failure to cancel will result in loss of full registration fee.
Late Registrants: Please call 48 hours in advance of a class to ensure availability. A $10 charge will be added to all walk-ins and registrations received within 24 hours of the class.
Book Options: A pdf manual is available for this class at no extra charge. Should you choose this option at checkout, you will receive an email with a link to download the pdf three days prior to the class date. If you choose to purchase a Hard Copy Book for an additional $10, it will be available for you at the class site.
Date: July 28, 2017
Time: 9:00 AM – 12:00 PM
Location: Association Headquarters
91 Cedar Street
Milford, MA 01757
Price: $55.00 members / $110.00 non-members
CEUs: 3 – please note that CEUs need to be added to your order when you check out.
GL Number: 251803 Prometric Number: C15885