March 28, 2025
Hanzhong
, Shaanxi Province
An elderly person from Hanzhong, Shaanxi Province, China, has been paying a total of 60,000 yuan since 2016 for an insurance policy that promises to return the principal when their granddaughter attends university. However, the policyholder recently discovered that the principal can only be returned when the granddaughter reaches the age of 80. The insurance company claims that the contract is binding and refuses to refund the payment.
