What does Crisis Management Plan mean? Read on to discover the definition & meaning of the term Crisis Management Plan - to help you better understand the language used in insurance policies.
Crisis Management Plan
A plan for actions to be taken immediately before, during and after a catastrophic event that preserve lives, safeguard property, and reduce the loss of resources essential to the organization's recovery. A crisis management plan is part of a broader business continuity management plan.
We hope the you have a better understanding of the meaning of Crisis Management Plan.