当前位置: Language Tips> 新闻播报

Poultry farmers struggle to find insurance

中国日报网 2013-04-18 11:17

分享到

 

Get Flash Player

Download

Poultry farmers say they are struggling to get their businesses insured, following the recent outbreak of H7N9 bird flu.

Zhang Bing, a breeder from Beijing's suburbs, said it has been a frustrating experience in recent days, due to the shortage of such products on the market.

The price of eggs has dropped 20 percent since the outbreak of bird flu last month, and the price of chicken has also fallen by around 30 percent.

"I've lost more than 100,000 yuan ($16,000) so far," Zhang said. "I thought about buying agricultural insurance and went to several insurance companies, but I was turned down by them all due to the high risks."

Zhang said larger-scale poultry operators need subsidies from the government to take out agricultural insurance.

A number of insurers such as Ping An Property & Casualty Insurance and Taikang Life Insurance, offer policies targeting H7N9 bird flu, but all are classified as life insurance.

According to Wang Tian, head of sales for Ping An's H7N9 bird flu insurance policy, the company sold around 500 policies in the past three days, after the product was launched on April 12.

The insurer is among the first batch of insurers to develop such a product. As the product is only sold online, it is hard to estimate where buyers are coming from, Wang said.

The premium for Ping An's H7N9 bird flu policy is 50 yuan ($8.10), which offers 50,000 yuan worth of coverage for birds dying of bird flu and 20,000 yuan for medical treatment.

The coverage of Taikang's H7N9 flu policy is even lower, and offers policyholders just 5,000 yuan as payment if they die from the flu.

Compared with life insurance policies tailored for H7N9, insurance policies for breeders are in short supply due to the high commercial risks involved.

China's major property and casualty insurers, such as PICC and China United Property Insurance Co, said they have no plans to launch policies for breeders.

Losses of poultry-related enterprises nationwide have exceeded 10 billion yuan since the first case of H7N9 bird flu was discovered, according to the National Poultry Industry Association.

With all live poultry stalls shut down in some regions affected by H7N9 since early this month, poultry breeders, suppliers and sellers are facing tough times.

Questions:

1. What business is suffering from the recent outbreak of H7N9 bird flu?

2. What is the issue?

3. What companies are offering policies?

Answers:

1. Poultry farmers.

2. They are struggling to get insurance.

3. Ping An Property & Casualty Insurance and Taikang Life Insurance.

(中国日报网英语点津 Helen 编辑)

Poultry farmers struggle to find insurance

About the broadcaster:

Poultry farmers struggle to find insurance

Nelly Min is an editor at China Daily with more than 10 years of experience as a newspaper editor and photographer. She has worked at major newspapers in the U.S., including the Los Angeles Times and the Detroit Free Press. She is also fluent in Korean.

 

分享到

中国日报网英语点津版权说明:凡注明来源为“中国日报网英语点津:XXX(署名)”的原创作品,除与中国日报网签署英语点津内容授权协议的网站外,其他任何网站或单位未经允许不得非法盗链、转载和使用,违者必究。如需使用,请与010-84883561联系;凡本网注明“来源:XXX(非英语点津)”的作品,均转载自其它媒体,目的在于传播更多信息,其他媒体如需转载,请与稿件来源方联系,如产生任何问题与本网无关;本网所发布的歌曲、电影片段,版权归原作者所有,仅供学习与研究,如果侵权,请提供版权证明,以便尽快删除。

中国日报网双语新闻

扫描左侧二维码

添加Chinadaily_Mobile
你想看的我们这儿都有!

中国日报双语手机报

点击左侧图标查看订阅方式

中国首份双语手机报
学英语看资讯一个都不能少!

关注和订阅

本文相关阅读
人气排行
热搜词
 
精华栏目
 

阅读

词汇

视听

翻译

口语

合作

 

关于我们 | 联系方式 | 招聘信息

Copyright by chinadaily.com.cn. All rights reserved. None of this material may be used for any commercial or public use. Reproduction in whole or in part without permission is prohibited. 版权声明:本网站所刊登的中国日报网英语点津内容,版权属中国日报网所有,未经协议授权,禁止下载使用。 欢迎愿意与本网站合作的单位或个人与我们联系。

电话:8610-84883645

传真:8610-84883500

Email: languagetips@chinadaily.com.cn