When the Sky Turns Gray, Will Your Business Be Ready for Disaster?

As a business leader, you can make preparedness a staple in your organization and encourage your employees to talk about what they can do to be prepared – both at home and in the workplace.  


Disaster preparation is can make a big difference to your bottom line, your employees and their families.


A short, animated film, When the Sky Turns Gray outlines the simple steps anyone can take to prepare themselves for the approaching winter weather and can be shared with your team and customers.


Take these simple, affordable steps you can take to minimize the effects a powerful winter storm (or a little bit of ice) can have on your organization:

·         Download the Insurance Coverage Review Worksheet

·         Review the risk assessment, identified hazards, and potential impacts to your business

·         Use the business impact analysis as a tool to quantify potential financial impacts

·         Examine any scenario that results in impacts to multiple facilities.  Evaluate whether the limits of insurance are adequate

·         Compile an inventory of properties and assets and determine whether insurable values reflect inflation costs over time

·         Review whether your property insurance policies cover actual cash value or replacement cost

·         Be sure you understand deductibles, waiting periods before coverage begins and procedures for notification of insurers when a loss occurs

A little planning and preparation goes a long way toward business continuity and keeping everyone safe.   

To read the entire article, please visit www.experts.allbusiness.com.