Bed Bug Infestation Recovery Insurance tm (BBIR)tm
Bed bug infestations are becoming a national epidemic, racking up expenses and devastating profits. According to the National Pest Management Association, 95% of U.S.-based pest management companies have seen an increase in bed bug calls in the past year (from 1-2 per week to 1-2 per day).
For years lodging facilities have faced this exposure alone and uncovered.
On June 01, 2011, PLIS, Inc. introduced the first business interruption and extra expense coverage for bed bug infestations for lodging facilities. Coverage Responds To:
- Confirmed bed bug infestations* in lodging rooms
- Impact from publicity of a confirmed bed bug infestation at the Affected Covered Location
- Extortion Threats
*Coverage applies to infestations of cimex lectularius and cimex hemipterus