Financial Emergency Kit

Whether a hurricane, flood, earthquake or wildfire, we all need a financial emergency kit. FINRA provides detailed information on how to compile a financial emergency kit and what you need to put in it. Here is a summary. For details, check: http://www.finra.org/investors/highlights/hurricanes-lock-down-your-financial-emergency-kit?utm_source=MM&utm_medium=email&utm_campaign=S%5FAI%5F091818%5FFINAL

Kit Essentials

1. Cash and keys. Your kit should contain enough cash for daily life for a few days.

Tip: You can put a credit card in your kit for good measure, but don't depend on it.

2. Contacts. Create a list with telephone numbers, emails or other contact information that includes family members, as well as key medical, financial and business contacts.

3. Personal identification. After a disaster strikes, you may have to confirm your identity to obtain disaster relief services, file insurance claims, or get access to your property and financial assets.

Tip: Check your financial account information periodically to ensure that your financial professional will be able to contact you in case of a disaster.

4. Paper or electronic copies of important financial records. mortgages, property deeds, legal documents such as a Power of Attorney and insurance policies. financial statements for bank accounts, credit cards, brokerage accounts and statements related to investment.

Tip: Get information about how to keep your tax records safe from the IRS's helpful resource Prepare for Hurricanes, Natural Disasters by Safeguarding Tax Records.

5. An inventory of your valuables and personal belongings.
Tip: Understand what your insurance covers and what will be required to make a claim in the event disaster strikes.

Do it today! Don't forget passwords to access online account!