LOVE INSURANCE IS A THING

Do you think love should come with a contract? 

Millennials in China are increasingly buying "love insurance." The idea is couples pay companies a one-time fee to agree to get married within a set time frame. If they do end up getting married, they receive a payout, usually in the form of a larger amount of cash. 

According to Chinese social media, the "insurance" provides them with a sense of security, as many take the policies as assurance that their partner is serious in furthering the relationship. 


Love insurance is being offered by a number of established companies, including Alipay, which is owned by e-commerce giant Alibaba. Alipay's policies start at $14, going up to $43 and $72, and if the couple produces a marriage certificate between three and 13 years' time, they will receive a corresponding payout of $291, $873 and $1,455.

(READ MORE)

Would you ever consider buying love insurance?

Nathalie Rodriguez

Nathalie Rodriguez

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