Property removed to safety expense
Term · Insurance and risk management · MLC-T-INS-000195
Up to $1,000 of reasonable expenses incurred by the insured to temporarily remove insured property from the described location because of flood or the imminent danger of flood.
| Identifier | MLC-T-INS-000195 |
|---|---|
| Field | Insurance and risk management |
| Subject | National Flood Insurance Program |
| References | FloodSmart Flood Insurance Glossary; FEMA Glossary |
Record as JSON
{
"id": "MLC-T-INS-000195",
"term": "Property removed to safety expense",
"field": "Insurance and risk management",
"term_source": "Property Removed to Safety Expense",
"definition": "Up to $1,000 of reasonable expenses incurred by the insured to temporarily remove insured property from the described location because of flood or the imminent danger of flood.",
"subject": "National Flood Insurance Program",
"references": [
"FloodSmart Flood Insurance Glossary",
"FEMA Glossary"
],
"url": "https://mlchart.com/terminology/insurance/property-removed-to-safety-expense/"
}
Record 2,781 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.