Emergency Plan For Finances And Valuables

At a glance..

The National Endowment for Financial Education® (NEFE®), the American Red Cross, and the Federal Emergency Management Agency (FEMA) have prepared this brochure to help you cushion yourself against the financial blow of a disaster and help you regain much of your pre-disaster financial health as quickly as possible. Listed here are some simple, common-sense steps you can take now.

The details..

Natural disasters can strike anywhere at any time causing damage or destruction of properties leading to temporary displacement. Protecting yourself and your family is important but so is protecting against the financial consequences of a disaster. This guide by Nan Exum, Karen Foster-Tek and Sonya N. Blancato aims to help cushion you against the blow of a disaster while also helping you regain much of your pre-disaster status quickly.

The first step in preparing for natural disasters is finding out what risks are associated with where you live - fire, flood, earthquake or hurricane etc., then taking actions that could substantially reduce potential property damage if an event were to occur. For instance securing loose objects around your home that could cause damage during an earthquake; anchoring your house foundation; installing hurricane shutters on windows among others.

Conducting a household inventory helps prove ownership value in case possessions are damaged or destroyed during a disaster which will make it more likely for insurance companies to pay claims promptly without dispute. To conduct this inventory take note of everything owned including documents like wills, tax records etc., photograph items open closets/drawers/cabinets/pantries making sure expensive items like jewelry have model numbers included.

Overall this book offers simple common-sense steps anyone can take before facing unexpected harsh realities caused by natural calamities regardless of location.