WorldWide Drilling Resource

, . *#! ' , , . &#," 1 0% "& 1 * ', &#," (%$ %% *() *,0 +- %,0 '+-* ' *#%% *+ 1 '- ,-* *+ 1 -))%# *+ 1'!#' *+ 1 ('+-%, ',+ 1 , * %% 1 ,"( # 1'.#*('& ', % 1 (," *& % 1 (' - ,(* (% *#%% *+ 1 #% # % *.# + 1 , * -&) *.# ) #* (',* ,(*+ /,(' * (*, (%%#'+ 15 WorldWide Drilling Resource ® DECEMBER 2016 How many of us were Boy Scouts once upon a time and can remember reciting this motto? If you’re like me, those words bring back warm memories. However, all these years later, as we each navigate our way through the daily tangles of real life, how many of us truly heed these sage words today? What about being prepared for things requiring more than a first-aid kit or a trusty rusty pocketknife - but fall short of a cliché zombie apocalypse ? I’d wager many of us have a fire extinguisher and a generic first-aid kit fairly handy, and a few res- olute readers may even have set aside a full-blown emergency preparedness kit with water and food. They’ll be the ones more prepared to survive some severe weather event or community crisis, be it a tornado, hail, flood, blizzard, or maybe extended utility outages, blackouts, or come what may. Nevertheless, what might be the calamities you and I haven’t prepared for? What isn’t yet in your emergency prepared- ness kit, but should be? Specifically, today, how are you prepared for a business emergency? A business disaster large or small which affects only your company, or maybe just a single worker? What could that bad day look like for you? How might it affect you and your family personally? Your employees? If, or when, something does happen, will you and your employees know how to spring into action to reduce your losses and resume profitable business activity quickly? What about maintaining your public image and reputation? Do your employees have the training, direction, and a written game plan to implement in the event of a business interruption of some sort? Do they know your expectations on such a day? The basic question is, “Do you have a defined business continuity plan to prepare for various emergencies?” Insurance and worker’s comp are two critical and essential parts for an intelligent strategy of a broader perspective and called a Business Continuity Plan - yet seldom is insurance viewed in that context. You see, after a bad day the thing so special and unique about insurance is it can (and should) be designed to go beyond helping your business survive. Insurance can restore you and make you whole again according to the policy, limits, and how it was designed by someone with your personal expectations and unique risks in mind. Or, on the other hand, business insur- ance may be viewed with disdain and dealt with half-heartedly only to be tucked away on a shelf with the perception it “won’t work anyway”. Curiously enough, in either case, the business owner and insurance policy holder has probably set themselves up to be correct! Think about it. Better yet, act on it! Contact me through WWDR and I’ll e-mail you a five-page Business Continuity Plan Checklist to help you get started. No kidding. Kyle Kyle Rehme may be contacted via e-mail to michele@worldwidedrillingresource.com Kyle Rehme uses his personal knowledge of the water well, drilling, and environmental in- dustries to provide cus- tomers with practical insurance solutions. “Be Prepared” by Kyle Rehme VolkBell Property & Casualty Insurance, LLC