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
07 Apr 2015
  These guidelines are intended to help Red Cross and Red Crescent National Societies and the International Federation of Red Cross and Red Crescent Societies (IFRC) incorporate effective gender-sensitive and inclusive approaches into their disas...
Tags: Guidance material, Women and Gender
Guidance material
20 Jul 2015
Disaster Preparedness for People With Disabilities has been designed to help people who have physical, visual, auditory, or cognitive disabilities to prepare for natural disasters and their consequences. Anyone who has a disability or anyone who work...
Tags: Guidance material
Awareness material, Guidance material, Report
07 Jul 2015
In June 2015, the Red Cross and Red Crescent published “The Red Cross and Red Crescent’s Principled Approach to Innovation” to: Highlight how the Red Cross and Red Crescent’s Fundamental Principles guide its innovative approaches to p...
Tags: Awareness material, Guidance material, Report, Resilience