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Chinese insurers say to give compensation on swine flu

(Xinhua)
Updated: 2009-04-30 16:13

Chinese insurers said Wednesday they would compensate clients who caught swine flu as the epidemic fear spread across the world.

Related readings:  Experts: Insurers investment return up 41%, but still weak  China's top 3 insurers post mixed Q1 premium income  China banks cleared to buy insurer stakes  Executives told to cut their pay

Greatwall Life Insurance Co Ltd and Generali China Life Insurance Co Ltd said Wednesday that though the epidemic is not on compensation lists in health and life insurance, clients can receive compensation for medical treatment or even deaths related swine flu.

AIG General Insurance Company China Limited clients with travel insurance will be compensated if they catch swine flu when traveling abroad. The travel insurance will cover all the medical fees.

"The diseases that are clearly specified would not be covered. Others, such as bird flu or swine flu, would usually be compensated," said Chen Lixiao, a manager with the Beijing branch of AIG General Insurance Company China Limited.

He said they made the declarations to dispel worries from clients.