Insurance and risk management terminology · MLC-0106

Insurance and risk management terms: W (7)

• Waiting PeriodThe time between the date of application and the policy effective date.
• Walled and Roofed1. A building that has 2 or more exterior rigid walls and a fully secured roof and that is affixed to a...
• Water SystemsSee Utilities.
• WatercourseA watercourse means only the channel and banks of an identifiable watercourse, and not the adjoining...
• Wave Height AdjustmentA measurement that is added to the Base Flood Elevation (BFE) for V Zones shown on the Flood Insurance Rate...
• Wet FloodproofingWet Floodproofing includes permanent or contingent measures applied to a structure or its contents that...
• Write Your Own (WYO) ProgramA cooperative undertaking of the insurance industry and FEMA begun in October 1983. The Write Your Own ( WYO)...

7 of 272 terms in Insurance and risk management terminology (MLC-0106). Request the full dataset.