Group Flood Insurance Policy (GFIP) (GFIP)

Issued by the NFIP Direct Program in response to a presidential disaster declaration. Disaster assistance applicants, in exchange for a modest premium, receive a GFIP certificate for a minimum amount of building and/or contents coverage for a 3-year policy period. An applicant may cancel the group policy certificate at any time and secure a regular Standard Flood Insurance Policy through the NFIP.