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T-Swift’s fans in China insure against her break-ups
The businesses have since been shut down
Xinhua News Agency on July 7, 2016
For a few glorious moments, Taylor Swift’s fans in China could insure against heartbreak if the singer and her beau Tom Hiddleston call it quits.
And then e-commerce business Taobao, on which the “policies” were being sold, shut down all relationship insurance businesses, claiming it was a type of betting, which is illegal in China.
Read: Does relationship insurance have potential?
While it lasted, fans could receive double their money if the pair split. One bookie saw 543 transactions, and another said the most a policyholder spend was 400 yuan, or roughly $75 CAN.
But while Hiddleswift fans won’t have extra cash to console themselves if the celeb couple don’t last, they can bet on their own love lives.
“There is even a policy for single people where if they meet a partner within a month of placing their bet then they will be given 13.14 yuan, which symbolises lifetime in Chinese,” state news agency Xinhua reported.
Read more.
T-Swift’s fans in China insure against her break-ups
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