Venture Offering Airborne Disease Coverage Venture Programs is offering coverage to protect its clients with country clubs against loss of income due to terrorist-related anthrax attacks, with intentions to expand the offering to other businesses if all goes well.
"Our desire to protect our clubs in an area that would not be covered by the terrorism act was our initiative to provide this coverage," said David Callaghan, program manager of Venture Programs in West Chester, Pa. "When the terrorism law was passed, it did not address the business income aspect of possible exposure for a country club. Since that is what we specialize in, we wanted to address that possible loss for our clients."
The policy also covers other airborne diseases such as Legionnaire's disease, a respiratory infection; the Norwalk virus, an intestinal illness; and radon, a naturally occurring and potentially deadly gas.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
