Business | Feb 22

Japan's First Egg Freezing Insurance for Women Under 39

TOKYO, Feb 22 (News On Japan) - Mitsui Sumitomo Insurance, a major non-life insurance company, will offer the industry's first insurance for frozen eggs starting in April.

This insurance is an exclusive product for users of "LIFEBANK," which handles egg freezing, and targets eggs frozen by women under 39 years of age at the time of egg collection.

Although up to 20 eggs can be collected at one time, if the eggs become unusable upon thawing, the insurance will compensate up to 25,000 yen per egg for the cost of egg collection and freezing.

LIFEBANK will cover the insurance premium, providing it free of charge to users.

As the cost of egg freezing is high, ranging from 300,000 to 500,000 yen, the insurance aims to support women who wish to have children.

There is a growing movement to promote the use of egg freezing, including subsidies of up to 300,000 yen by the Tokyo Metropolitan Government.

Source: ANN


MORE Business NEWS

Uniqlo, a leading clothing retailer, has announced the start of used clothing sales at its Tenjin store in Fukuoka City, a first for the brand in Kyushu.

With Japan's Nikkei hovering close to the 40,000 mark, market experts point out that the increasing trend of "stock splits" in recent years is supporting these higher stock prices.

As Japan begins overtime regulations for drivers, popular bus tours are now being forced to reconsider their routes.

POPULAR NEWS

Four men have been arrested by Tokyo police for allegedly recruiting women for prostitution in the United States via a website, promising encounters with affluent clients and high earnings.

For the first time in 73 years, Japan has unveiled a newly constructed whaling mother ship, equipped with drone technology for whaling operations in the Antarctic Sea.

The Liberal Democratic Party (LDP) in Nara Prefecture has disciplined its former Youth Division Chief following a controversial dance party incident.

Residents of Japan's oldest student dormitory, self-managed for over 100 years, are digging in as Kyoto University attempts to evict them from the premises.

A Japan Airlines flight en route from Melbourne to Narita Airport encountered sudden severe turbulence on April 1, causing injuries to several cabin crew, including a broken leg.

FOLLOW US