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Ridiculed on social media? There's insurance for that

Posted On: Mar. 10, 2017 1:14 PM CST

Ridiculed on social media? There's insurance for that

Embarrassed by a nasty rumor on social media? Japanese insurer Sompo Holdings Inc. is offering “enjo” — or “flaming” — insurance to cover people and organizations who have suffered online ridicule, according to Rocket News. 

As part of the policy, Tokyo-based Sompo will pay for the insured person or company to run media campaigns in their defense and to provide a platform for public apology if need be, according to the news site. 

The insurance, launched March 6, would also cover restaurants, fast-food and consumer products scorned by the public for any poorly thought-out marketing schemes or less-than-favorable product launches, the site reported.