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Instead of the Government spending huge amounts of public money after a disaster, the idea is that it should be possible to have insurance to properties well before a disaster strikes. By spreading the resources among a large number of members of public, who have the risk of facing a disaster, less public expenditure would be incurred and greater benefits can accrue to the people in case of actual occurence of disaster. There are various models on this, including partial support of Government towards insurance premium, till the public at large catch up the idea of insurance.
What else can I help you with?
What is reducing disaster risk called?
Prevention and Disaster Management.
What are Objective questions for disaster management project?
to minimise the risk
What is NDRRMC?
The National Disaster Risk Reduction and Management Council (NDRRMC) is a government agency in the Philippines responsible for coordinating disaster risk reduction and management efforts across the country. It plays a vital role in disaster preparedness, response, and recovery during natural and man-made disasters.
WHAT IS risk management of disaster?
There is no certain risck manegement disater, you have to be prepared for anything.
What is disaster risk management?
There is no certain risck manegement disater, you have to be prepared for anything.
What is the meaning of NDRRMC?
NDRRMC stands for the National Disaster Risk Reduction and Management Council in the Philippines. It is a government agency responsible for leading and coordinating disaster preparedness, response, and recovery efforts in the country.
What has the author Litea Biukoto written?
Litea Biukoto has written: 'Disaster risk management in the Pacific Database (DISPAC)' -- subject(s): Emergency management, Risk management, Congresses
Which state govt initiated the disaster risk management programme with support of UNDP?
orissa
What is the disaster management program by the government?
Opinions may vary. For some, these three (3) initiatives are on their list: a) disaster recovery, b) business/operations continuity, and 3) risk management.
What will be your opinion on disaster management?
The issue of disaster management and risk reduction wold continue to preoccupy the minds of many or even dominate our national discourse so long as disasters do not crease to unfold
Safe construction practice in disaster management?
Safe construction practices in disaster management includes following disaster risk reduction construction plans for new buildings or structures. Safer building procedures can minimize the vulnerabilities and risks in many areas.
What are similarities and differences between insurance and risk management?
"Risk management" might be considered to be the umbrella topic. Managing risk can be accomplished by risk avoidance, taking measures to reduce or ameliorate risk, or risk transfer. Insurance is the fundamental form of risk transfer because the financial impact of an untoward event (the risk) is transferred to a third party (the insurer) in return for the payment of a premium.
