Checklists are designed to simplify tasks while helping to ensure compliance with applicable requirements. Checklists outline permitted actions and identify potential violations or issues with your process or product. Checklists can be used in order to prevent violations and document files for compliance with applicable laws and regulations. Private Flood Insurance Comparability Checklist provides tools to determine the need or qualification for a private flood insurance policy
This checklist is customizable so you can add applicable state law requirements to make the checklist more comprehensive for your financial institution.