India, Jan. 14 -- A Chinese woman who bought a novelty "love insurance" policy nearly a decade ago has successfully claimed a hefty payout after marrying her long time partner, according to a report by the South China Morning Post (SCMP).

The woman, surnamed Wu, purchased the policy in 2016 for just 199 yuan, roughly US$28 at the time. Ten years later, after officially registering her marriage, she became eligible for a payout worth 10,000 yuan, or about US$1,400.

Wu is from Xian in Shaanxi province in central China. She met her now husband, surnamed Wang, while studying in secondary school. Both were born after 1995.

Their friendship gradually turned into a romantic relationship after they enrolled at the same university, and they off...