In Case of Emergency…

By Mark Haberman, LUTCF

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In Case of Emergency› (PDF, 99KB)

Do you have a plan in the event of an emergency? Hopefully you do. While we certainly don’t anticipate emergencies, contingency planning is essential to ensure the safety and well being of ourselves, our families, and even our employees. Awhile back, I experienced a personal emergency, and it brought up to me the importance of being prepared. Consider the following emergency situations and the actions you can take today to be prepared.

What if....?

…you are taken to the hospital in an emergency?

• Carry current medical insurance card 
• Carry Emergency Contact information 
• Carry accurate list of Prescription Drugs used 
• Follow Pre-hospitalization Certification requirements

…your income is suddenly lost due to illness or injury for several months or more? 

• Make sure your disability insurance is up to date 
• Advise family member or friend location of policy(s) 
• Have minimum 3 months expenses covered in liquid assets

A few timely tips now to protect both you and those you love….

Life Insurance policies: 

• Make sure your beneficiary arrangements are up to date 
• Review coverage annually to make sure you have the right amount and best type of insurance for your current needs at a fair price 
• Request from your broker or carrier an “In-force” ledger on all “permanent” policies every 3 years

Have you checked lately? 

• Is your will is up to date and the current beneficiaries named? 
• Are you business agreements are up to date? 
• Are all records accessible if necessary? 
• Does your Safe Deposit box have two (2) signatures? 
• Do those who care know what to do and where to find information?

Do you have a good tip that we missed? Please email us, and we will pass it on to our readers. Send your tip to mhaberman@cypressridgesolutions.com.  

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