10 hrs ago - Updated
AP file photo shows property damage done by Hurricane Beryl in Rocky Point, Clarendon.
As Jamaica navigates the ongoing hurricane season, recent events like Hurricane Milton have highlighted the crucial need for financial preparedness in the face of natural disasters. While the season officially runs from June to November, the greatest risks often come during August and September, with rainfall peaking from October to November.
Known for its vulnerability to tropical storms, Jamaica has already seen significant rainfall this season, raising the threat of floods, property damage, and interruptions to daily life. Financial preparedness—through emergency funds, insurance, and a recovery plan—can be essential in helping families and individuals manage these unexpected challenges.
In light of these risks, it’s important to ask: how financially prepared are you to cope with a major hurricane?
Financial preparedness for hurricane
Very prepared: I have an emergency fund, insurance coverage
22% (2 votes)
Somewhat prepared: I have some savings, but might face difficulties covering major expenses
22% (2 votes)
Not prepared: I have limited or no emergency savings nor insurance
33% (3 votes)
I rely on community, government or other assistance
22% (2 votes)
Total votes: 9
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