As far as Protection Insurance is concerned, the emergence of an influenza pandemic could lead to an excess of claims in the insured population. A pandemic would obviously have a significant impact on Death risk, but could also affect the risk of Temporary Disability and Hospitalisation. The aim of this article is to determine how to model the effects of a pandemic event on mortality risk, and to analyse how a pandemic may affect the risk of Temporary Disability and Hospitalisation. Knowing that a pandemic could cause bankruptcy in the worst scenarios, an insurance company should consider buying adequate coverage. The last part of this article is devoted to the search for a solution to hedge against a pandemic event. This overview is not limited to standardized products sold by reinsurers, but more elaborate and exotic offers are described, with their advantages and drawbacks.