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Chinese Insurer Offers World Cup 'Disappointment' Insurance for Fans

Chinese insurance company Ancheng Insurance is offering World Cup "disappointment" insurance policies to soccer fans who want to protect themselves against the agony of elimination from the tournament, says The Telegraph.

By Caterina Pontoriero | Updated on June 12, 2014
Brazil soccer fans pose for photos with a replica of the World Cup trophy in Sao Paulo, Brazil. (AP Photo/Rodrigo Abd)

Chinese insurance company Ancheng Insurance is offering World Cup “disappointment” insurance policies to soccer fans who want to protect themselves against the agony of elimination from the tournament, says The Telegraph.

The policies are not available for fans of every country in the tournament, however. Supporters of Argentina, France, Germany, Holland, Italy, Portugal, Spain, and Brazil can purchase the policies, says The Telegraph. For 8 yuan ($1.30), fans can purchase a policy that will pay out up to 49 yuan (approximately $8) if their team is eliminated from the competition.

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