You are watching Global Report News with me Cleo V. On the heels of China's recent announcement of a quote, war against pollution, insurers are taking advantage of the smog-choked cities by offering various plans to offset pollution risks. While manufacturers of air purifiers and breathing masks have already capitalized on the environmental issue, insurance companies like PICC property and casualty company are now offering quote, air pollution health insurance to residents of Beijing and other major cities. Travel companies are also offering to cover tourists in case of air pollution levels affecting sightseeing days. PICC says business has taken off, and its one-year policy contract covers various health ailments that residents might contract from air pollution. A study from 2010 outlined the devastating effects pollution is having on the health of residents in China, with 1.2 million premature deaths occurring every year. The United States Department of Commerce has also estimated that China's clean technology market is set to profit from the overly polluted country and will triple in value to $555 billion by 2020. Thanks for watching Global Report News and see you here again tomorrow.