NFIP definition

NFIP means the National Flood Insurance Program authorized under the Act.

NFIP means the National Flood Insurance Program (NFIP).

NFIP shall have the meaning assigned to such term in Section 5.11(c).

Examples of NFIP in a sentence

• While flood insurance may not be mandatory in this instance, HUD recommends that all insurable structures maintain flood insurance under the National Flood Insurance Program (NFIP).

• This map forms the basis for both the regulatory and insurance aspects of the National Flood Insurance Program (NFIP) until superseded by a Flood Insurance Study and a Flood Insurance Rate Map.

• While flood insurance is not mandatory for this project, HUD strongly recommends that all insurable structures maintain flood insurance under the National Flood Insurance Program (NFIP).

• The NFIP encourages State and local governments to adopt sound floodplain management programs.

• Duplicate Policies Not Allowed to elect which NFIP policy to keep in effect does not apply when duplicates have been knowingly created.

More Definitions of NFIP

NFIP is defined in Section 6.10(a)(iv).

NFIP has the meaning assigned to such term in the definition of “Real Estate Collateral Requirements”.

NFIP means the National Flood Insurance Program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994 and the Flood Insurance Reform Act of 2004, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a federal insurance program.

NFIP has the meaning specified in Section 6.12(d).

NFIP means the National FloodInsurance Program authorized under the Act.

NFIP has the meaning specified in Section 7.12(b)(iv).

NFIP has the meaning assigned to such term in the definition of “Collateral and Guarantee Requirement.”