Final answer:
Implementing a comprehensive insurance policy is not one of the most important steps in developing an Emergency Action Plan, as the other steps more directly ensure safety and immediate response.
Step-by-step explanation:
When developing an Emergency Action Plan (EAP), the step that is not one of the more important matters to address among the given options is implementing a comprehensive insurance policy. While insurance is important for the financial aspect of recovery after an emergency, the other steps directly involve ensuring safety and immediate response during an emergency. These include identifying potential hazards and risks, establishing communication protocols, and training employees on emergency procedures. These steps are crucial for preventing incidents, efficient communication if an emergency occurs, and ensuring that employees know how to respond effectively to safeguard their safety and the safety of others.