People Have Insured Some Odds Things
When most people think about insurance, auto or home insurance are probably the first things that come to mind. But, what about insuring against alien abductions? Just because we could likely all use a laugh right now, here’s a list of the 10 of some of the weirdest things that people have insured.
Little Grey Men: As funny as this man seem to most of us, over $10 million in alien abduction insurance was once written. People were actually insuring against being abducted by aliens, with higher premiums for people who claimed themselves the victims of frequent abductions. A clause included that the person had to be able to prove they had been abducted.
Lottery Insurance: A medical employer in the United Kingdom once took out an insurance policy that would pay out if two or more of their employees ever won the lottery. The policy would only be paid out though if two employees won in the same draw.
Insuring the Bird: Rolling Stones guitarist Keith Richards insured his middle finger for over $1.5 million dollars.
The Boss: American rock legend Bruce Springsteen took out a policy for a record six million dollars to cover his raspy voice.
Double Vision: In the 1920s, a comedian named Ben Turpin took out a 25,000 policy for his crossed eyes. Turpin was worried that if his eyes ever uncrossed, he might lose his celebrity status.
Round and Round: Another hand-related policy went to Harvey Lowe back in the 1930s. He insured his hands for a reported $150,000. He was the reigning world yo-yo champion at the time.
Actually, It Is Unusual: Singer Tom Jones, known for numerous hit songs over the years, including “It’s Not Unusual” had quite an unusual insurance policy. He reportedly took out a policy for several million dollars to cover his chest hair. Tom’s chest hair was so popular with his female fans he feared its loss would ruin his career.
While poking fun at weird insurance policies can get a good laugh, it’s important to have proper coverage for real life risks and perils. At DPM Insurance Group, our brokers and CSRs are available to help you review your insurance needs, provide you a no-cost, no-obligation quote, and talk you out of trying to insure yourself against alien abduction.