Surviving a Natural Disaster
Surviving a Natural Disaster: What qualifies as a natural disaster?
The pseudonym given to natural disasters is “acts of God”, which means anything that cannot be controlled by humanity. Examples of natural disasters include hurricanes, tornados, tsunamis, wildfires, earthquakes, floods, and landslides. Preparation should be different for each type of natural disaster.
Surviving a Natural Disaster: How important is catastrophic coverage?
It all depends on the risk factor for where you live, and how prepared you are to respond to a natural disaster. For example, do you have enough money in the bank (or available through credit) that you can survive for a reasonable period of time following the natural disaster?
Surviving a Natural Disaster: What if I was in the middle of a business contract?
Most contracts – if adequately drafted – will contain a Force Majeure clause that protects against natural disasters. You won’t be held responsible for your inability to fulfill your end of a contract if a natural disaster occurs, and you have a Force Majeure clause. The moral: make sure all contracts have a Force Majeure clause.
Surviving a Natural Disaster: What about my pets?
Disaster experts recommend that you let your pets find a safe place to hide during a natural disaster because their instincts are better than yours. Some pet owners strongly disagree. Remember, however, that most disaster shelters cannot take pets in with people for health purposes.
Surviving a Natural Disaster: How should I prepare?
Keep all relevant insurance policies in a safe place so that they can be retrieved quickly in case of a natural disaster. If you live in an area that is prone to natural disasters, fortify your house in preparation, and always keep money in a savings account that can be accessed just in case. If you are notified in advance that a natural disaster is headed your way, get all paperwork together and have cash on hand.
Surviving a Natural Disaster: Who does FEMA help first?
Honestly? People who need it. If you are financially stable enough to fend for yourself, you will probably not receive immediate compensation from FEMA. Likewise, if you have insurance coverage, you might get a set amount from FEMA, which will have to be repaid by your insurance company.
