Large groups of private educational institutions, hospitals, hotel chains and even officials of Major League Baseball can buy insurance for income losses and extra expenses incurred during a pandemic, but the broker that designed the coverage last year is only taking orders for the future pandemics right now.
Wally Kerr and Jim Finch, executives of Hays Companies of Illinois--who spoke to NU's E&S Extra a few weeks after the World Health Organization raised the pandemic alert on Swine flu to Level 6--said they bound one of these policies for a group of colleges last September.
But because one key coverage trigger has already been met for the Swine flu--a WHO pandemic alert level of 3, 4, 5 or 6--the brokers said offers to extend coverage for Swine flu to other interested organizations now aren't feasible.
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