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IIA-CFSA · Question #431

IIA-CFSA Question #431: Real Exam Question with Answer & Explanation

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Question

When purchasing a flood insurance policy, there is a standard 30-day waiting period for new applications and endorsements for coverage. Exclusions of flood insurance are all EXCEPT:

Options

  • BStructures entirely over water buildings (fences, retaining walls underground structures)
  • CWalkways, decks, driveways, patios
  • DNone of these

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