Carol Chastang
Carol Chastang
assume business develop disaster easily happen home plan rest
Be a little pessimistic now, and assume it can happen to you. Develop a disaster plan for your home or business now so you can rest a little more easily in the future.
area civil country damaged disaster disasters fire guarantee happen name oil subject though
Every area in the country is subject to some kind of disaster - flood, hurricane, earthquake, to name a few. Even man-made disasters - oil spill, civil unrest, fire - can devastate the surrounding neighborhood and economy. Even though an area has never been damaged before, there is no guarantee that it will not happen tomorrow.
adding additional casualty consider cover coverage flood general likely policies require riders
Most general casualty policies do not cover flood damage. Many require additional riders for windstorms. Consider adding coverage for likely perils, especially flood insurance.
discussed program star
Many lenders may not have discussed the STAR program specifically with the borrower.
active advance customer maintain occasional orders regard relationships
Set up relationships in advance and maintain them. Place occasional orders so that they regard you as an active customer when you need them.
affected approving banker borrower motives prove providing specific strict
One lender could have been really strict and specific about the borrower providing the documentation to prove that they were affected by the Sept. 11 attacks, and another banker may not have, or may have had ulterior motives for approving loans.
annual covers insurance left procedure property regular remember review update
Make it a regular annual procedure to review and update your insurance. Also remember that insurance on mortgaged property probably only covers the lender with nothing left over for you.
businesses cover disaster expenses helping operating
It's aimed at helping businesses cover their operating expenses had the disaster not occurred.
business consider full help insurance inventory meet needs operating operation pay period purchase until
Consider business interruption insurance that assists you with operating needs during a period of shutdown. It may help you meet payrolls, pay vendors and purchase inventory until you are in full operation again.
considered
They are being considered as they come in.
action avoid business damage disaster natural
There is no way to avoid a natural disaster from occurring. You can, however, take action to avoid the most devastating damage that your business may face.
disaster unlike
This is unlike any disaster we've ever had to handle.
business damage disruption investment life money prevent relatively severe small time
A relatively small investment of time and money now may prevent severe damage and disruption of life and business in the future.
compared disasters worked
Compared to other disasters we've worked with, this is unprecedented.