Which of the following is not true about the FAIR plan?

Insurance

Are you having trouble answering the question “Which of the following is not true about the FAIR plan?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

Which of the following is not true about the FAIR plan?

a. FAIR means Fair Access to Insurance Requirements

b. It provides property coverage to both residential and farm dwellings

c. It provides basic property coverage to those who have been rejected in the standard market

d. Agents cannot bind FAIR plan coverage

Answer: b. It provides property coverage to both residential and farm dwellings

You should now have gotten the answer to your question “Which of the following is not true about the FAIR plan?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.