42 USC 4013a – Policy disclosures
Current as of: 2024 | Check for updates
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(a) In general
Notwithstanding any other provision of law, in addition to any other disclosures that may be required, each policy under the National Flood Insurance Program shall state all conditions, exclusions, and other limitations pertaining to coverage under the subject policy, regardless of the underlying insurance product, in plain English, in boldface type, and in a font size that is twice the size of the text of the body of the policy.
(b) Violations
Terms Used In 42 USC 4013a
- Administrator: means the Administrator of the Federal Emergency Management Agency. See 42 USC 4121
- person: includes any individual or group of individuals, corporation, partnership, association, or any other organized group of persons, including State and local governments and agencies thereof. See 42 USC 4121
- State: includes the several States, the District of Columbia, the territories and possessions, the Commonwealth of Puerto Rico, and the Trust Territory of the Pacific Islands. See 42 USC 4121
The Administrator may impose a civil penalty of not more than $50,000 on any person that fails to comply with subsection (a).