Which one of the following statements concerning government insurance programs is true?

Insurance

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Which one of the following statements concerning government insurance programs is true?

Options

A. Businesses seeking flood insurance under the National Flood Insurance Program (NFIP) must purchase it at local federal government offices.
B. Various state insurance programs provide crop insurance for perils such as drought, disease, excessive rain and hail.
C. Fair Access to Insurance Requirements (FAIR) plans make basic property insurance available to property owners who can’t get it otherwise.
D. The federal government provides workers compensation insurance to employers who cannot get it from private insurers.

Answer: C. Fair Access to Insurance Requirements (FAIR) plans make basic property insurance available to property owners who can’t get it otherwise because of their property’s location or any other reason.

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