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Keep Your Business Running With

Business Interruption Insurance


Business interruption insurance keeps your business from closing its doors
due to unexpected events. If you're closed for business, you still have to pay
the bills employees, rent or mortgage, suppliers, taxes and yourself. A force
outside your control may interrupt your business continuity strategy and
cause you to close your doors for a time, including:
ire
!ail
"ind storm
#andalism
$%uipment damage
"hat business interruption insurance covers
Business interruption insurance can keep capital &o'ing through your
company in the event of such disruptions. It can help you:
(eep your business a&oat if a loss forces you to close for a short time
)ay for lost net income and continuing expenses such as mortgage,
advertising, taxes and salaries
)ay your relocation and advertising fees if you set up shop at a
temporary site
*aintain your business continuity strategy
Be sure to do'nload our free disaster planning toolkit +),- so you can
better prepare your business for an emergency.
)roducts may be provided by Allied Insurance, a .ation'ide company.
)roduct, coverage, discounts, insurance terms, de/nitions, and other descriptions are
intended for informational purposes only and do not in any 'ay replace or modify the
de/nitions and information contained in your individual insurance contracts, policies,
and0or declaration pages from .ation'ide1a2liated under'riting companies, 'hich are
controlling. 3uch products, coverages, terms, and discounts may vary by state and
exclusions may apply.
Business Continuity Program
Overview
At Ameriprise Financial, we build long-term relationships with our clients and strive to serve
them with a comprehensive approach to meeting their financial needs while providing
outstanding client service. Business continuity is essential to achieve that goal. We have
dedicated significant resources to business continuity and incorporated it throughout our
business practices and strategy. ur Business Continuity Program !BCP" covers operations
performed by Ameriprise Financial #ervices, $nc.% American &nterprise $nvestment #ervices%
Columbia 'anagement% (iver#ource )ife $nsurance Company% and all other subsidiaries
!hereafter Ameriprise Financial".
ur goal is to maintain the ability to serve our clients and to protect our clients* and the
company*s assets without disruption. urenterprise-wide BCP commitment includes facilities,
technology, applications, data, processes, governance and corporate strategy.
As part of our program, we established the Ameriprise Business Continuity 'anagement
!ABC'" team + dedicated professionals who oversee all aspects of the firm*s business continuity
management strategy. ,he Business Continuity Program, which ABC' oversees, includes these
-ey elements. Crisis 'anagement, Business Continuity Planning, and /ata Bac-up and
(ecovery.
Crisis management
We maintain a robust crisis management structure that allows for an efficient and effective
response to crisis events. We have dedicated resources that proactively monitor events that may
affect our facilities, clients, employees and financial solvency. ,he ABC' team provides training
and education to help prepare the firm and employees for possible business disruptions, as well
as validates a response for a variety of possible incidents with -ey employees.
,he Crisis (esponse ,eam !C(," is part of our BCP structure. $t is comprised of senior leaders
representing all business areas and supported by sub0ect matter e1perts, as appropriate. /uring
a crisis event or business disruption, the C(, coordinates our response to help protect the well-
being of employees, safeguard assets and provide continuity of critical processes.
Business continuity
At Ameriprise, each line of business creates business continuity plans designed to address their
specific needs and potential ris-s. We believe our business continuity plans and program
controls meet regulatory re2uirements.
Business Continuity Plans !BCPs" are updated annually or in the event of a material change.
Plans are updated through a series of plan enhancement wor-shops facilitated by a certified
member of the ABC' team, with participation from business areas and senior leadership. As
part of the planning process, we conduct a business impact analysis for each business area,
which helps determine critical processes and ensures that appropriate recovery strategies and
capabilities are in place.
ur BCPs are based upon a proactive 3all ha4ards5 approach to preparing for disruptions of
varying severity and scope, and address both short-term and long-term disruptions. We have
developed multiple recovery solution strategies that enable us to activate the appropriate
strategy based upon the event*s severity and duration. ,his fle1ible, multi-faceted approach
allows Ameriprise Financial to respond appropriately and effectively based on the type of event.
Business continuity plans containing critical processes are validated annually. We review and
update recovery strategies, solutions and capabilities through multiple types of e1ercises,
including tabletops and functional and communication activities. Functional e1ercises include
validating wor--from-home solutions and third-party-hosted wor-place recovery solutions.
Data backup and recovery
,he bac-up and recovery of hardcopy and electronic data is of critical importance due to the
significance of historical data in business operations, as well as the appropriate regulatory
re2uirements. &lectronic data is bac-ed up between geographically dispersed data centers.
,esting and validation of bac-up fre2uency is based upon the critical nature of the data. ur
recovery approach is designed to guard against the loss of critical data.
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