Axis Healthcare has launched a new medical catastrophe business interruption product for hospitals in Canada and the United States to protect against a loss of revenue caused by the outbreak of a contagious disease, according to a company press release.
The product includes coverage for any disease that is transmitted by direct or indirect contact, including: bubonic plague, MRSA, Legionnaires’ disease, Middle East respiratory syndrome, hantavirus, SARS, West Nile Virus, HIV, ebola, Marburg virus, Lassa fever, influenza, and bird flu, as well as other lesser-known viruses or plagues.
“The new product would also provide coverage for diseases that have not yet been discovered by science, or a disease that could mutate into a pandemic at some point in the future,” AXIS Healthcare added in the release.