In November 27th, Alipay official micro-blog announced that 'mutual insurance' was upgraded to 'mutual treasure'. Alipay said that since its launch in October 16th, mutual insurance has been attended by more than ten million users. What's the reason behind this time of mutual protection? Let's get to know.
Alipay said that in order to further protect and enhance the rights and interests of users, it decided to upgrade the original 'mutual treasure' service. The new "mutual treasure" is an Internet-based mutual assistance plan, which is no longer linked to the "mutual insurance group serious illness insurance of Simei Life Insurance Co., Ltd." but the protection users get will not be changed.
In addition, in order to make up for the inconvenience caused by the upgrade, Alipay said it would make certain compensation measures, that is, users joining the 'mutual treasure' before December 31, 2018, whether upgraded from the 'mutual protection' or the new entry, the cost sharing before January 31, 2019 will be borne by the ants' clothes, and the users do not need to pay.