In July 2025, Himachal Pradesh witnessed devastating monsoon rains, claiming 116 lives, displacing hundreds, and causing an estimated ₹1,230 crore in infrastructure and property damage.
With climate disasters increasing in frequency and scale, this tragedy is not just a weather report — it’s a financial wake-up call.
📉 The Financial Toll of a Natural Disaster
The report from Himachal shows:
116 lives lost
Bridges and roads washed away
Homes collapsed
Agriculture and tourism heavily hit
💸 For families and small business owners, that means:
Income interruption
Property loss
Emergency expenses
No access to funds or insurance
🛡️ How to Financially Prepare for Natural Disasters
✅ 1. Emergency Fund First
Aim for at least 3–6 months of expenses in a liquid emergency account.
Vizzve Tip: Use our SmartSaver to automate emergency fund growth weekly.
✅ 2. Check Your Insurance Coverage
Most Indians don’t have:
Home insurance
Vehicle flood cover
Crop/weather-linked insurance
Now is the time to fix that.
Vizzve helps compare low-cost disaster-friendly policies from trusted insurers.
✅ 3. Document Everything Digitally
Keep digital copies of:
Land documents
Insurance papers
Aadhaar, PAN, Voter ID
Bank and property records
Use secure cloud storage or the Vizzve vault (coming soon).
✅ 4. Know Your Evacuation & Bank Access Plan
Set a plan for:
ATM access
Cash withdrawal points
Mobile banking apps when offline
If phone towers fail — do you have a cash buffer?
✅ 5. Invest in Resilience
Whether you live in Himachal or Hyderabad:
Don't skip insurance to save ₹200/month
Invest in home upgrades (drainage, roofing)
Keep 10–15% of your savings in gold or liquid funds (for emergencies)
🧠 Real Question:
If a flash flood or landslide hit your area tomorrow — how long could your savings sustain your family?
❓FAQs
Q1. Why are climate disasters becoming more frequent in India?
Due to global warming, erratic monsoons, deforestation, and unplanned construction in hilly terrains.
Q2. Does my normal health or life insurance cover climate emergencies?
Only partially. You may need add-ons or separate home + flood insurance. Vizzve can help navigate the options.
Q3. What if I have no emergency fund right now?
Start small. Even ₹500/week adds up. Vizzve’s budget planner can help free up money from non-essential expenses.
Published on : 19th July
Published by : SMITA
www.vizzve.com || www.vizzveservices.com
Follow us on social media: Facebook || Linkedin || Instagram
🛡 Powered by Vizzve Financial
RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed