Disaster and Financial Planning

Disaster preparedness begins with a well-crafted personal financial plan based on your family’s values and goals. Ideally, you should develop a financial strategy with the help of professionals such as your family attorney and a financial specialist. These professionals can help you make informed, thoughtful decisions about your family’s present and future financial activities.

Every disaster situation is unique, but there are some general crisis mitigation actions that all households should take to prepare for unexpected challenges.

This guide provides suggestions for and information about:

  • Developing a general family disaster plan, including creating a disaster supplies kit, assessing your property’s disaster vulnerability and creating evacuation and communication plans.
  • Protecting your property , including having adequate insurance and implementing mitigation efforts.
  • Protecting your health and life, including understanding what is and is not covered by health, disability and life insurance policies.
  • Protecting your loved ones , including estate planning and creating a living will.
  • Protecting your income, including managing debt and understanding government benefits after a disaster.
  • Protecting your records, including what to keep and how to store it.
  • Recovering from a disaster, including what to do on a financial basis in the event of a disaster.

Disaster and Financial Planning
http://www.redcross.org/images/MEDIA_CustomProductCatalog/m52040082_DisastersandFinancialPlanningGuide_FINAL.pdf

Are you sure you want to delete this "resource"?
This item will be deleted immediately. You cannot undo this action.
File Name File Size Download
disasters_and_financial_planningguide_final.pdf 1 MB

Related Resources

Guidance material
22 Jul 2020
This Guide to Local Production of WHO-recommended Handrub Formulations is separated into two discrete but interrelated sections: Part A provides a practical guide for use at the pharmacy bench during the actual preparation of the formulation. Users m...
Tags: Guidance material, COVID-19 (Coronavirus)
Guidance material
09 Mar 2017
Disasters don’t discriminate, but people do. Existing socio-economic conditions mean that disasters can lead to different outcomes even for demographically similar communities – but inevitably the most vulnerable groups suffer more than ot...
Tags: Guidance material, Risk Assessment, Women and Gender
Guidance material
19 Jun 2017
El propósito de este breve manual, destinado a los responsables de comunicación y promoción de las Sociedades Nacionales, es destacar determinados cauces mediante los que las Sociedades Nacionales podrían difundir el Informe Mundial sobre Desastr...
Tags: Guidance material