1) Where do you find the payment information for a policy? a) Activity Log b) Policy Details c) Claims d) Document Manager 2) Where would you locate Notice of Loss information? a) Activity Log b) Policy Details c) Claims d) Document Manager 3) What is the Group Flood Insurance Policy issued in response to? a) NFIP program change b) Presidential disaster declaration c) Regular policy lapse d) Severe Repetitive Loss Property 4) Which two factors no longer drive rates under Risk Rating 2.0? a) Base Flood Elevation (BFE) b) Flood Zone c) Distance to water source d) Construction Date 5) What equipment must be elevated to receive a discount under Risk Rating 2.0? (Select all that apply) a) Water Heater b) Clothes Washer c) Elevator Machinery d) Central Air Conditioner 6) If an agent is deceased and the insured cannot get a new agent, what must the policyholder submit? a) New agent contact information b) Written explanation for the lack of signature c) Cancellation form signed by the deceased agent d) Nothing; the policy automatically cancels 7) What is Cancellation Reason code 1 used for? a) To convert a policy to RCBAP b) To cancel a policy due to fraud c) To void a policy prior to its effective date d) To cancel a policy when a building is sold or removed 8) What is the standard waiting period before a new flood insurance policy goes into effect? a) 15 days b) 30 days c) 45 days d) 60 days 9) Which of the following situations would waive the 30-day waiting period for a new policy? a) Policy purchased during a rainy season b) Policy purchased immediately after a flood event c) Policy purchased for a property located in a low-risk area d) Policy purchased as a condition for a loan closing 10) How long is the grace period for policy renewal after the expiration date? a) 15 days b) 60 days c) 29 days d) 90 days  11) If a policy is purchased within 13 months of a flood map revision, when does the coverage become effective? a) 30 days after purchase b) Immediately on the date of purchase c) 60 days after purchase d) On the first day of the next month

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