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This Coral Reef Now Has Its Own Innovative Insurance Policy

Because the reef protects the businesses on the shore in Mexico, it offers an incredible amount of economic value. Now, when it’s damaged, repairing it will be paid for. A 40-mile stretch of coral reef off the coast of Puerto Morelos, Mexico–part of the roughly 700-mile long Mesoamerican Reef, the second largest in the world–is both a draw for tourists and a natural barrier that helps protect the coast’s resorts from flooding and damage in hurricanes.
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