2min chapter

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437. Many Businesses Thought They Were Insured for a Pandemic. They Weren’t.

Freakonomics Radio

CHAPTER

Pandemic Risk Insurance Act - The Government Backstop

U.S congresswoman caroline maloney has introduced a similar bill called the pandemic risk insurance act. It would be triggered after losses from a terrorism event exceed two hundred million dollars. According to most private insurance they cannot provide business disruption pandemic insurance support. So this will allow a programme to help businesses recover and react and rebuild after a pandemic....

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