2024-03-03 11:04:13
The amount is received after the relationship reaches its end.
The concept of love insurance is a little different from other insurances. Just as in car or property insurance, you get money in case of property damage or theft, whereas in love insurance, you get the insurance amount only when the relationship reaches its end.
If someone’s partner breaks up before that, the insurance amount cannot be claimed. Both can do this only if they get married within a certain period of time. Young people who buy such a policy hope that their partner will not leave them due to the greed for the insurance money and their relationship will be able to reach its conclusion.
In fact, the cases of breakup and divorce are increasing rapidly all over the world. Keeping this in view, many companies in Europe, America and China have issued insurance policies regarding relationships.
Married couples are also taking this policy
According to a report published in The New York Times, these insurance policies are not only for unmarried but also for married couples. The time frame of a policy is at least five years, in which you have to invest the money as per the terms of the policy.
The specialty of these policies is that very high interest is given to you, so that people remain tied in relationships through these policies. Even after marriage, you can take a policy for 5, 10, 15 years.
For example, if after marriage you have taken a policy for 10 years and your relationship is going well, then apart from the money deposited, you will also get a high percentage of interest.
Why are youth liking this policy?
According to a survey, youth who are insecure about their relationships invest in such insurance companies. The reason for this is the security of their emotional investment. Dr Richa Taneja, Clinical Psychologist at Apollo Hospital, believes, ‘People may get attracted towards this type of policy due to insecurity regarding relationships.
Where a partner does not believe that he has to live with the other person for a long time or is not sure that the person he considers his own will support him for a long time.
Relationship counselor Neha Bhargava says that when you are in a relationship, it is normal to have fights. A small decision taken in anger separates two people.
In such a situation, if the relationship is insured, then both people will think twice before taking a decision and if that time passes, then it is possible that there will be no chance of separation between them again.
Take the example of a married couple, they reach the verge of divorce only when they decide to separate completely. Many times divorce gets delayed because it is a long process. In some cases, even after the breakup of the relationship, such shared things pull people back to their earlier love.
Girlfriend cheated, got Rs 25000
Liu, a Chinese man, came into limelight in 2018 when he bought the company’s love insurance policy and gifted it to his girlfriend. While selling the policy, the company’s agent had promised him a coverage of 10 thousand yuan i.e. approximately Rs 1 lakh 15 thousand.
The condition was that if the relationship of both of them reaches marriage within 3 to 10 years, then the insurance amount can be claimed and they did. That year the company had sold more than 19 thousand similar policies across the country.
Similarly, in another case, a boy and a girl created a Heartbreak Fund on social media, under which they invested Rs 500 every month on the condition that the one who gets cheated will get all this money.
When the young man was cheated by his girlfriend, the boy got all the money from the fund i.e. 25 thousand rupees, information about which he had also given on Twitter. These days, many small and big companies around the world including Europe and China are providing love insurance. Some of these are registered, some unregistered.