1. The National Flood Insurance Program (NFIP) has numerous provisions. Briefly explain each of the following: a. Write-your-own program b. Definition of a flood c. Waiting period 2. What is the...

1. The National Flood Insurance Program (NFIP) has numerous provisions. Briefly explain each of the following:

a. Write-your-own program

b. Definition of a flood

c. Waiting period

2. What is the purpose of a FAIR plan?

3. Describe the basic characteristics of title insurance.

4. List the personal injuries covered under personal umbrella policy.