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What types of damage and loss are covered by the compensation regulation?

April 26, 2017compensation Covered damage loss regulation types

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What types of damage and loss are covered by the compensation regulation?

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All property damage and economic loss, directly caused by artificial spring flooding in Manitoba, are covered with no claim ceiling and no deductible. Economic loss includes extraordinary work or business expenses and/or income lost because the claimant can’t work or carry on business. Claimants must comply with all applicable flood-proofing criteria (defined in the Designated Flood Area Regulation).