flood insurance

Insurance that indemnifies against a loss caused by a flood.

• This type of insurance is often sold privately but subsidized by the federal government. [Cases: Insurance 2209–2213. C.J.S. Insurance §§ 60, 1077.]

---

词条贡献者

译者李科，毕业于世界顶级翻译学院，擅长翻译各种与国家安全审查相关的法律文件。