TERMIUM Plus®

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FLOOD INSURANCE [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2025-02-17

English

Subject field(s)
  • Fire, Accidents, Miscellaneous Risks (Insur.)
DEF

A type of property insurance that covers a dwelling for losses sustained by water damage, specifically due to flooding.

CONT

The deductible for flood insurance is usually higher than for many other types of damage covered by insurance. The deductible may be a fixed dollar amount or a percentage of your claim amount.

French

Domaine(s)
  • Incendies, accidents et risques divers (Assur.)
CONT

Règle générale, la franchise de l'assurance contre les inondations est plus élevée que celle de plusieurs autres types de dommages couverts par une assurance. La franchise peut être un montant fixe ou un pourcentage du montant de votre réclamation.

Spanish

Campo(s) temático(s)
  • Incendio, accidentes y riesgos varios (Seguros)
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