Chinese firm introduces 'virtual property' insurance

Want to protect that summer home in Silvermoon City? Anxious about someone jacking your ballin' ride in Second Life? An insurance company in China is now offering a little MMO peace of mind in the form of what it claims to be the world's first form of 'virtual property' insurance.

The service, launched by the Beijing-based Sunshine Insurance Group Corporation in partnership with the online game operator Gamebar, offers MMO players monetary compensation for the loss or theft of virtual possessions such as land, loot or digital currency (for a small monthly payment, of course). The insurance is also available to MMO operators as a means of protection from any damages resulting from player disputes over the loss of make-believe goods.

Sunshine Insurance Group claims it is the first company of its kind to offer this type of insurance to online clients, and it certainly doesn't appear as though any other firms are chomping at the bit to participate in MMO affairs. Not that we can blame them, either; the real value of virtual goods is still up for debate, and if any group knows how to play the system, it's gamers. On a related note, how cool would it be to work as a MMO claims investigator? Seriously, where do I send a resume?

Jul 7, 2011

Source: China Daily 




  • TheHungryLemur - July 8, 2011 7:25 p.m.

    Insurance is a scam in every form... ...But this is hilarious!
  • alskdjfhg207 - July 7, 2011 10:28 p.m.

    This is just ridiculous
  • Revolt189 - July 7, 2011 8:55 p.m.

    Also: uranium, too.
  • Revolt189 - July 7, 2011 8:54 p.m.

    I've learned to take a fairly skeptical view of anything that originates from China and/or Nigeria. I'm looking at you "Fauxlex" watches and "yellow cake uraniam"... Whatever the hell that last one is anyway...
  • WTeen8 - July 7, 2011 6:10 p.m.

    What is this I don't even In other news, Captch is messed
  • Terrorrizor - July 7, 2011 6:09 p.m.

    So a "Giant Goat Man" shot you with a fireball, stabbed you in the stomach and stole your Magic Staff of the Dead? Right sir and I'm talking to you from the Found City of Atlantis previously known as the "Lost City".
  • therawski - July 7, 2011 5:48 p.m.

    You can insure anything nowadays!
  • Turboash - July 7, 2011 5:28 p.m.

    *cough* SUCKERS *cough*
  • Spacegrass - July 7, 2011 5:24 p.m.

    They must really think we're that dumb. The sad thing is, they're probably right.
  • rabidpotatochip - July 7, 2011 5:24 p.m.

    File this under "why didn't I think of this?!"
  • Tazerbri - July 7, 2011 5:17 p.m.

    Seems fishy.

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