0-9 a b c d e f g h i j k l m n o p q r s t u v w y z search

TeachMeFinance.com - explain Preferred Risk Policy (PRP) Preferred Risk Policy (PRP) The term 'Preferred Risk Policy (PRP)' as it applies to the area of flooding can be defined as 'A policy that offers fixed combinations of building/contents coverage or contents-only coverage at modest, fixed premiums. The PRP is available for property located in B, C, and X zones in Regular Program communities that meet eligibility requirements based on the property's flood loss history'. Previous 5 Terms: Preference customers Preferential trade agreements Preferred Provider Organization Preferred Provider Organization (Ppo) Preferred Provider Organization (Ppo) Plan Next 5 Terms: Pre-FIRM Building Pre-Frontal Squall Line Pre-Frontal Trough Pregnant solution Preharvest About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.