insurance product that costs 599 yuan (S$121) and guarantees a payout of
10,000 yuan if the applicant marries his or her current sweetheart in
three to 10 years became a hot topic ahead of Tuesday’s Chinese
The applicants are required to submit nonmarital status certificates for
both prospective spouses when purchasing the product. If they get
married within the specified time frame, they will get 10,999 yuan.
A woman surnamed Wang who works in the customer service department of
China Taiping Insurance Holdings Co said there have been numerous phone
calls lately inquiring about the product, but she declined to say how
many policies have been sold.
Some said that the companies can’t lose on the deal because the majority
of sweethearts will break up.
"The insurance company is using big data to tell us that less than 5.5
per cent of the sweethearts will finally become husband and wife," said
a Sina Weibo user going by the name "From south to north".
Many shared the comment of Cai Mengsha, who believes the company set the
bracket of years after making painstaking calculations.
"For those who have just fallen in love, it may take three years before
they tie the knot, but there are abundant variables that influence a
relationship in three years. For those who are in a stable relationship,
they won’t wait three years before getting married," said Cai, a
29-year-old Shanghai native.
Relationships in big cities like Shanghai seem most fragile these days.
Marriages are not lasting long. Nearly 53,000 people divorced in
Shanghai in 2014－second only to Beijing－and 41,000 of those were below
age 40. The average age for marriage in Shanghai is 34.5 for men and 32