Contingency Planning
Contingency planning is a complicated process with many moving parts. It’s a delicate subject, but it must be discussed. Time is of the essence to transfer a deceased agent’s flood book of business at FEMA. There is a 30-day window to make arrangements, and if nothing transpires, FEMA/NFIP will take over the policies. The agent’s beneficiaries will receive nothing.
We offer you peace of mind regarding the distribution of your book. We will:
- Conduct a book analysis
- Create a TOD purchase agreement
- Make arrangements directly with FEMA/NFIP to ensure compliance
- Set provisions to pay your beneficiary for the flood policies
Protect your Flood Book of Business.