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ICBL – Awareness and Preparation Save Lives! Are you COVERED?

The 2018 Hurricane Season started officially on Friday, June 1st and will end coincidentally on Friday, November 30th. The 2017 Atlantic Hurricane season was extremely active and catastrophic with a damage total of at least $282.16 billion caused by hurricanes Harvey, Irma and Maria. The Insurance Corporation of Barbados Limited (ICBL), Barbados’ only composite insurance provider, is urging all Barbadians to make preparations now to protect themselves, their families and their properties. 

The 2017 season recorded 10 hurricanes and 6 major (Category 3 or stronger) hurricanes which affected the Atlantic Basin devastating neighboring islands and leaving Barbuda uninhabitable. Who would have imagined this?  An above normal Hurricane Season has been predicted for 2018 and ICBL, a stable and strong market leader with a consistent A.M. Best A- (Excellent) rating is emphasising that adequate property insurance coverage whether business or personal is one of the most important decisions to be undertaken by all Barbadians.

Deputy CEO and Head of the General Division, Mr. Goulbourne Alleyne cautions that “predictions by no means indicate the exact locations of where systems will develop, how they will move or where they will strike.” ICBL, committed to serving others and enhancing the lives of Barbadians for over 40 years is therefore encouraging persons to prepare for the hurricane season by:

  • Creating an emergency plan that includes evacuation routes and important contact information.
  • Building an emergency supplies kit that covers family and pets
  • Preparing the home to prevent damage (trimming trees, installing hurricane shutters, reinforcing garage doors)
  • Reviewing home and contents insurance coverage, ensuring both windstorm and flood coverage are adequate.
  • Taking an inventory of property. (Consider recording a video tour of important belongings. Keep all property records in safe locations.)

Mr. Alleyne is sure that the devastating impact of last year’s events are still in the minds of the people of Barbados but reiterated that, “awareness and good preparation are extremely essential to limiting the loss of life and property this and every hurricane season.”

Goulbourne Alleyne