A project launched by Taobao and the ‘Allianz China General Insurance Company Ltd.’ is allowing residents of major cities to buy insurance protecting themselves against missing a glimpse of the moon during this year’s Mid-Autumn Festival. If the air is, say, ludicrously smoggy, all of those who paid 20 yuan premiums will get a full 50 rmb refunded. It would be a scam not to buy a policy, really.
Global Times loves stupid shit like this, and reports:
Residents of cities of Shanghai, Guangzhou and Shenzhen can pay a premium of 20 yuan (about $3.24) and receive 50 yuan from the insurer if they cannot see the moon.
People living in 41 cities of China, including the three cities above and the country’s capital of Beijing, can pay a premium of 99 yuan and receive 188 yuan if they fail to see the moon through poor weather. Everyone who purchases the insurance will get a box of mooncake as well. […]
“Internet is not only a distribution channel, it is changing the insurance industry profoundly,” said Song Xuanbi, deputy chief operating officer at Allianz.
Well, if it includes a box of mooncakes, then maybe this isn’t such a terrible idea afterall.
[Image via JustShot]