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    Tuesday, November 08, 2005

    Betting Wisely: The first sign that people are beginning to realize the avian flu fears may be mostly hype - a Chinese firm is offering avian flu insurance:

    A Chinese insurance company is to become the first to start offering a life policy specifically for bird flu.

    Minsheng Life Insurance has been given the go-ahead by the China Insurance Regulatory Commission, according to the state-run China Daily newspaper.

    The scheme will pay out a maximum of 100,000 yuan ($12,400; 7,000 pounds).

    People in the main cities will pay 200 yuan for the policy, while those outside only 100 yuan, although for a reduced payout of 50,000 yuan.


    If it never becomes a pandemic, they'll be very rich men.
     

    posted by sydney on 11/08/2005 08:41:00 AM 0 comments

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