FEMA Individual Assistance (IS-403 ) Practice Test

The duration of a flood insurance policy purchased by FEMA after assistance is given is indeed three years. This policy is part of the provisions aimed at providing ongoing assistance to those who have suffered losses due to flooding. When individuals receive assistance for their flood-related damages, they are encouraged to secure flood insurance to protect themselves from future losses. The three-year policy provides a reasonable timeframe for beneficiaries to transition towards long-term recovery stability while ensuring they have coverage during a critical period of rebuilding and risk management. This duration is designed to promote resilience and preparedness for potential future flood events.

In contrast, options relating to longer or shorter durations do not reflect the standard policy terms set by FEMA, which emphasize a three-year commitment to ensure ongoing protection.