CLinton
...er, we suggest that a separate account is set up and for a disaster. You should add to this account each month, like an insurance policy. In the case of a disaster our company will have partial control of this account to release emergency funds and to charge disaster operations and materials to emergency fund accounts for disaster assessment, rescue, relief, and rehabilitation. Insurance will cover some things and if the disaster is covered by insurance, the deductible can be paid from emergency accounts. The state will also help in the case of a disaster; it can raise money through sales and property taxes. Plus many states already have an emergency disaster account ( including California). The National Government will also step in if the area is considered a major disaster area by the president. In which case several grants can be given and FEMA ( Federal Emergency Management Agency) will also provide funding through grants and loans. Compensation and Claims Compensation for loss or damage may be paid by insurance, either private or official, or from central funds. Private insurance policies often include protection against earthquake, fire, and flood damage, but for compensation for damage caused by war or By the end of one year we hope to have successfully completed...