Should Your Important Insurance Papers Be Stored in the Cloud?

Given that the hard copy of your insurance policies can be destroyed by fire and/or flood, should we be insuring our important insurance related papers/documents in the cloud?

By: Ringo Bones 

Since the introduction of cloud computing and data storage, it seems that even ordinary nettizens can’t seem to live without it anymore.  And given that one’s important insurance related documents – i.e. the hard copy of your very important insurance policies can be damaged and or lost in a fire, flood, avalanche or other insurable disaster that can make short shrift of your important insurance policy documents in their paper / hard copy form, should we be storing – in digital form – our important insurance policies in the cloud? 

There’s an on-line provider that gives such service, it’s called Policy Buddy and you can visit them online at www.policybuddy.com. It provides a cloud service where you can digitally store your important insurance policies in case if the hard copy – or insurance policy paper documents – is destroyed in a fire, flood, avalanche or other natural or man-made disaster that can make a short shrift of your very important insurance policy papers to oblivion. Not to mention that most of us already have the trouble remembering where was the last safe place we stored our homeowners or similar insurance policy papers. 

As a cloud data storage / insurance policy management app, Policy Buddy also periodically reminds you if your existing insurance policy is up for renewal. Its cloud data storage system is compliant with existing EU data protection standards and privacy laws. As a way to protect your important insurance papers from the vagaries of an uncertain future and also to remind you if your current insurance policies are already up for renewal, It sure is a better bet to avail with the cloud services of Policy Buddy.