In a deal which is probably worthy of a Matt Levine column, Rakuten is soliciting all of their gold card++ customers to become beneficiaries of a Rakuten-funded insurance policy. The deal: Free to you. Rakuten pays premium. 5万円 ($500) if you are diagnosed with cancer this year
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It’s such a good deal that I’m suspicious.
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It’s almost certainly “Hey can we borrow your identity for a bit to do some tax structuring? We’ll pay you essentially $5, since you have about a 1% chance of getting cancer this year.”
End of conversation
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