So it turns out that, once again, co-blogger Bob was prescient when, 8 1/2 years ago, he posted about the weird machinations some couples will go through for insurance coverage:
"[A] poll conducted by the Kaiser Family Foundation, a leading health policy research group, found ... 7 percent of U.S. adults married so one or the other could get on a partner's health insurance plan."
Fast forward almost a decade, and we learn that folks in The Middle Kingdom aren't all that different when it comes to insurance, love and marriage:
"This Valentine’s Day Chinese insurers have their hearts set on wooing customers with the sale of love insurance ... One policy ... entitles customers to a congratulatory payment if they and their designated significant other get married any time between three and 13 years after taking out the policy."
Kind of like an old-fashioned endowment plan, and looks to be affordably-priced, as well:
"Customers choose a one-time premium payment ... in return for a respective payout ... providing a valid marriage certificate is shown to the insurer in the allotted timeframe"
For example, $14 nets the lucky couple $291 (assuming they get hitched in time). Not too shabby.So, a loaf of bread, a jug of wine, and ... this here insurance policy‽
"[A] poll conducted by the Kaiser Family Foundation, a leading health policy research group, found ... 7 percent of U.S. adults married so one or the other could get on a partner's health insurance plan."
Fast forward almost a decade, and we learn that folks in The Middle Kingdom aren't all that different when it comes to insurance, love and marriage:
"This Valentine’s Day Chinese insurers have their hearts set on wooing customers with the sale of love insurance ... One policy ... entitles customers to a congratulatory payment if they and their designated significant other get married any time between three and 13 years after taking out the policy."
Kind of like an old-fashioned endowment plan, and looks to be affordably-priced, as well:
"Customers choose a one-time premium payment ... in return for a respective payout ... providing a valid marriage certificate is shown to the insurer in the allotted timeframe"
For example, $14 nets the lucky couple $291 (assuming they get hitched in time). Not too shabby.So, a loaf of bread, a jug of wine, and ... this here insurance policy‽
[Hat Tip: Claire Wilkinson]
from InsureBlog http://ift.tt/2lGPS2E
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