Policy pays out those who missed full moon
By Shi Jing in Shanghai | China Daily | Updated: 2013-09-23 07:14
Some 400 customers who bought insurance packages for Mid-Autumn Festival can expect compensation from an insurance company for being unable to see the full moon that night.
A total of 5,154 people bought the insurance packages jointly sold by China's largest online marketplace, Taobao.com, and German insurer Allianz.
The basic package, priced at 20 yuan ($3.27), offered compensation of 50 yuan if buyers could not see the moon in Shanghai, Guangzhou and Shenzhen that night. A package that cost 99 yuan paid out 188 yuan for being unable to see the moon in any of 41 cities, including the above three.
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