(Bloomberg) — Ping An Insurance Group Co., China'ssecond-biggest insurer, is collaborating with Ctrip.comInternational Ltd. to sell smog insurance to tourists traveling toBeijing and six other Chinese cities.

Travelers in Beijing can get a daily payout of 50 yuan ($8) ifthe air quality index exceeds 200 for three consecutive days, PingAn said in an e-mailed statement. The insurance, available whenbooking on Ctrip.com, costs 10 yuan for seven days and setsdifferent standards for the other cities.

The product represents an attempt to profit off smog that thecountry's top leaders have acknowledged is a growing problem.Premier Li Keqiang said earlier this month the government will“declare war” on pollution and tackle it with the samedetermination that it's fought poverty.

“This may mostly play a marketing role as the compensation isrelatively low,” said Olive Xia, a Shanghai-based analyst at CorePacific-Yamaichi. “It can't fully compensate losses.”

A level of 200 on the air quality index is classified as “mediumpollution” in China.

The other cities where the insurance is available are Xi'an,Harbin, Chengdu, Guangzhou, Shijiazhuang and Shanghai, according toPing An. Residents of those cities can also buy the insurance. PingAn also rolled out a health insurance related to smog, the first ofits kind in China, against lung cancer and certain respiratorydiseases, it said.

China's Ministry of Environmental Protection said Beijing wasone of the 10 most polluted cities in the country in February,according to a statement yesterday. Also on the list is Xi'an, hometo the terracotta warriors, a top tourist draw.

Air quality in Beijing, Tianjin and the surrounding province ofHebei failed to meet government standards on 68.5% of days lastmonth, the ministry said in the same statement.