The coverage of Taikang's H7N9 flu policy is even lower, and offers policyholders just 5,000 yuan as payment if they die from the flu.
Compared with life insurance policies tailored for H7N9, insurance policies for breeders are in short supply due to the high commercial risks involved.
China's major property and casualty insurers, such as PICC and China United Property Insurance Co, said they have no plans to launch policies for breeders.
Losses of poultry-related enterprises nationwide have exceeded 10 billion yuan since the first case of H7N9 bird flu was discovered, according to the National Poultry Industry Association.
With all live poultry stalls shut down in some regions affected by H7N9 since early this month, poultry breeders, suppliers and sellers are facing tough times.
Questions:
1. What business is suffering from the recent outbreak of H7N9 bird flu?
2. What is the issue?
3. What companies are offering policies?
Answers:
1. Poultry farmers.
2. They are struggling to get insurance.
3. Ping An Property & Casualty Insurance and Taikang Life Insurance.
About the broadcaster:
Nelly Min is an editor at China Daily with more than 10 years of experience as a newspaper editor and photographer. She has worked at major newspapers in the U.S., including the Los Angeles Times and the Detroit Free Press. She is also fluent in Korean.
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