State Farm Insurance - Auto, Life, Fire

Statement Of Policy

Sep 8, 2011

By Staff writer State Farm™ Employee

Effective Loss Control Requires A Policy

A clear, concise policy statement should be prepared and released over the signature of the top manager of the company. The objective of this policy is to create and maintain interest in loss control activities. It should convey the manager's commitment to loss control activities without being a detailed rule book.

Guidelines For A Loss Control Policy Statement

  1. Be brief, be positive, and provide wide exposure within the company. Everyone should understand that it is company policy and that it is important.
  2. Clearly state the objectives. Emphasize the idea that safety and loss control support the overall objectives of the company.
  3. The policy should involve all levels of employees and management.
  4. Design the policy statement as a general, long-range plan. The statement should serve as the reference point for all loss control activities.
  5. Include the statement as part of your overall operating procedures.
Was this article helpful?Yes ()  |  No ()

Tags insurance, preparedness, safety

Want to participate in online communities? Read State Farm's Community Guidelines first.

This Learning Centre provides general information about insurance and financial services products, as well as other general content, and is provided for educational purposes only. Read More

Some content on this site includes content, information, or opinions provided by third parties or other sources. Content, information or opinions provided by third parties or other sources do not necessarily represent the opinions of State Farm and should not be interpreted as reflecting State Farm's position regarding any insurance product or the manner by which State Farm handles claims.

State Farm does not warrant any content, information, or opinions of any third party or other source. Articles or content about insurance or financial services or other general content do not necessarily represent products or services offered by State Farm. This Learning Centre may link to or interface with other Internet sites that State Farm does not maintain or control. State Farm does not sponsor or endorse those sites or the content, information, materials, or information on those sites. State Farm is not responsible for anything contained on such sites and makes no warranties or representations about the information, opinions, contents, products, or services offered on such sites. Not all of the products or services discussed on this site are available through State Farm. The information on this site is not a contract, binder, or agreement to extend insurance coverage. Any coverage descriptions provided on this site are general descriptions and are not a statement of contract. All applications are subject to underwriting approval. Coverages and availability may vary by state or province.

State Farm Investor Services (Canada) Co. Aurora, Ontario
Life Insurance and Annuities Issued By:
State Farm International Life Insurance
Company Ltd. Aurora, Ontario
Copyright 2011, State Farm Mutual Automobile Insurance Company.
Canadian Head Office: Aurora, Ontario

Questions?

Find a local agent below

Get a Rate Quote Now

Facebook Activity