Preparing for a Natural Disaster
Recently, we’ve seen the devastating impact of flooding in QLD and NSW, with families and communities suffering catastrophic losses. Many of us live in areas that can be affected by extreme weather and other natural disasters, but have you ever taken the time to prepare for a natural disaster? The best way to cope with any unforeseeable event is to have a plan. Once a disaster happens, the time to prepare is gone.
Here are our 8 easy steps to plan for a natural disaster.
1. Know the hazards in your area
Your local council (Brisbane, Redlands, Logan or Moreton Bay) is a helpful resource for disaster management information. You could also speak to local authorities and emergency services, like the SES, to learn about warning signals, evacuation routes, common local hazards and disasters, and emergency shelters. Some of the disasters that may strike us in Australia include housefires, bushfires, floods, earthquakes, droughts, severe storms, tsunamis and cyclones.
2. Inspect your property and consider any vulnerable areas, hazards and safety devices
Walk around the inside of your house and your yard. Is there anything that may be a storm or cyclone hazard? Is there an area that may be susceptible to flooding? Do you have up to date fire protection, like smoke alarms, fire blankets and extinguishers? Take the time to secure or repair anything that could leave you exposed.
3. Review your home and contents policy
Are you covered for the specific disasters you may be vulnerable to? Consider whether the sum insured is sufficient.
4. Take a household inventory
Start by documenting your belongings, and include receipts, invoices, photographic and video evidence.
Update it when you make a new purchase or make modifications to your property.
5. Agree on a safe place to go if disaster strikes
If you had to leave your house, is there a family or friend who could house you? Are they aware?
6. Have a communications plan in place
If your family is not together if a disaster strikes, how will you contact each other, get to a safe place, and reunite?
7. Prepare an evacuation plan
If you had to evacuate with limited time, do you have your important documents, valuables, and sentimental items easily accessible? Do you know how to disconnect gas, electricity and water? Which exit point would you evacuate from? Make sure everyone knows this plan.
8. Have your contact numbers accessible.
Do you have the numbers of your neighbours and your emergency contacts? Are there any disabled or elderly neighbours or others who may need more assistance?
If disaster strikes you, you can get back to normal faster if you have a plan in place. If you are unprepared, the devastation and financial loss caused by natural disasters can be magnified. Hopefully you will never need to use it! The Insurance Council of Australia is a great resource to help you with general insurance information.
Want to be better prepared in protecting your income and wealth?
Whilst Investment Zone cannot give advice on General Insurance products, we can certainly assist with planning for the future in terms of your protecting your income and wealth. Arrange a no-cost, no-obligation appointment with Financial Planners Brad Macaulay or Amber Simpson at www.investmentzone.com.au/bookonline
The information in this communication has been prepared on a general advice basis only. The advice has been prepared without taking account of your specific objectives, financial situation or needs. Accordingly, you should, before acting on the advice, consider the appropriateness of the advice having regard to your objectives, financial situation, and needs. In cases where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should obtain a Product Disclosure Statement (or other relevant information statements) and consider such document before you make any decision about whether or not to acquire the product. For these reasons, it is imperative that you seek advice from your financial adviser before making any investment decisions. Investment Zone Pty Ltd (ABN 18 104 622 611) provides financial services as a Corporate Authorised Representative no. 296974 of Financial Force Pty Ltd ABN 42 091 425 464, AFSL no. 238337