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Household - Flood risk: Removing the safety net

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    • Ralph Savage

    • Indicative reading time: 8 minutes

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In two years, the insurance industry's pact with central government to provide flood cover for at-risk properties will cease to exist. Ralph Savage reports on how insurers are planning to meet the challenge post-2013.

It's a wonder the Statement of Principles lasted so long: an agreement between central government and the insurance industry for guaranteed cover in exchange for a tacit investment in flood protection

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