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Insurance association launches flood insurance for businesses

Posted On: Dec. 6, 2016 5:00 AM CST

U.K.-based British Insurance Brokers' Association has said that it has launched an insurance plan that provides cover for commercial sites and rental properties in areas at risk from flooding, Reuters reported. The plan has been underwritten by Lloyd's Bank P.L.C. and is available only to the members of BIBA.

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