Thursday, March 22, 2012

A Word From Our Sponsor On The Benefits Of Excess Flood Insurance

When your client holds a flood insurance coverage policy from the National Flood Insurance Program, they may think they are covered against loss. They probably are covered, but at lower limits. They very well may need an excess flood policy to help them be safe from the exposure of anything that may go above and beyond the limits of the National Flood Insurance Program. There are many benefits to your client for going with Proctor Financial for this excess flood insurance policy.
First of all, they can benefit by having protection for their property as well as the contents of that property or building with few exceptions. They can also enjoy peace of mind knowing that they are covered for any income that may be lost plus extra expenses. There is also the coverage for commercial and residential property since included in this flood insurance can also be earthquake coverage insurance with matching limits and a deductible for one occurrence. This should be written along with the flood insurance and will need to be in areas that are not high risk for earthquakes.
Condo limits are also options which your clients can purchase from Proctor Financial. They can be written for buildings that have at least 75% occupancy and are classified as high rise. There are a few restrictions that need to be checked out with this as well.

Source: http://prevurl.com/a-word-from-our-sponsor-on-the-benefits-of-excess-flood-insurance/

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