### Question
Can you define what standard insurance policy means?


### Answer
**Standard insurance policy** is defined as the following in *42 U.S.C. § 4057*:

> any insurance policy issued under the national flood insurance program that covers loss or damage to property resulting from water peril

#### Citation:
  - *42 U.S.C. § 4057*
  - Heading: **CHAPTER 50-NATIONAL FLOOD INSURANCE > SUBCHAPTER II-ORGANIZATION AND ADMINISTRATION OF FLOOD INSURANCE PROGRAM > Part A-Industry Program With Federal Financial Assistance**

