According to an article on netease, Chinese insurance company Ping An of China offered Olympic hurdler Liu Xiang a 100 million RMB insurance policy on accidental injury to his body; now Chinese netizens are talking and voting on whether or not Liu Xiang ought to get his 100 million RMB check or not. The company states that injuries of this sort are not covered because they only cover accidental injuries, and one could argue that Liu’s current injuries are the result of shit luck and/or over-training. However, most netizens (58%) believe that Ping An ought to pay up. The article points out another interesting fact: Ping An has worked Liu and other athletes in a variety of ways before, and most of the athletes have some kind of insurance with them, but for most of them it’s only worth one million RMB whereas Liu Xiang got the VIP one-year, 100 million package, which is good until October 31, 2008. The article then mentions that insuring body parts (eg Beckham’s legs, J-Lo’s booty) is a more common practice in the west, but not many people do that in China. However, in the spirit of promoting Chinese athletics, Ping An hopes to develop this kind of service.
Liu Xiang’s policy is an accident-type policy and doesn’t cover his Achilles tendon or any other body part in particular. For his part, Liu has decided to not pursue the money.




