In this modern world, it would indeed be rare to find someone who did not purchase any type of insurance. Be it his car, home or health insurance. But do you think it is possible to obtain insurance against kidnapping or strange death by excessive laughter in the cinema? We hope these weird, weird and funny insurance facts add some humor and knowledge about insurance facts too!
What are the strangest insurance stories?
Australian cricketer, Merv Hughes, insured his mustaches, famous British pop singer, Tom Jones, insured his chest hair. The most famous American comedian duo in the 1990s, Abbott and Costello, insured their partnership, worth a quarter of a million dollars, if there was an argument that led to their separation.
Did the famous football player David Beckham insure his legs?
At the height of his career, football legend David Beckham insured his legs for $151 million.
What are the funniest insurance stories?
The owner of a hotel in the port of Losstoft, located on the coast of the North Sea, “England”, issued an insurance policy that protects employees and customers from accidents or deaths caused by ghost sightings with a million pounds sterling.
Despite the complex terminology in the world of insurance, which is difficult for some to understand, it is not without wit and strangeness in many cases. Insurance companies around the world sought to meet the needs of their customers for insurance coverage, no matter how out of the ordinary, and provided unconventional insurance policies. Do you know a lot about insurance facts?!
It is well known that insurance policies are developed as financial policies that limit losses, and are a kind of material compensation when any damage occurs. What immediately comes to mind is insurance on valuable assets that an individual may own, such as a car, home or health. However, some celebrities, influencers, and some companies were sickened by the “insurance fever”, which led to them insuring some unexpected things, and spending huge sums of money on them.
Insurance facts are hidden, and here we review the strangest and funniest insurance policies in the world!
Hidden Insurance Facts: Celebrities insure their talents and body parts
- Silent film star Ben Turpin became the trend in body parts insurance in 1920 when he bought a $25,000 insurance policy through Lloyd’s of London on his eyes. Then, as the body parts insurance trend continued, Betty Grable’s legs were secured (for $1 million each. 1940s) and the practice of celebrity insuring their body parts continues to this day.
- At the height of his career, football legend David Beckham insured his legs for $151 million.
- The famous British pop singer, Tom Jones, insured his chest hair with a policy worth 7 million riyals.
- Australian cricketer Merv Hughes insured his mustache for $370,000.
- An American hair care company insured NFL star Troy Polamalu’s hair, which is about 90 centimeters long, for $1 million.
- German supermodel Heidi Klum has her legs insured, so she will be charged £22m in coverage if she is injured in an emergency. And American singer Taylor Swift has insured her legs for 26.5 million pounds. And in 2006, it turned out that the legs of English footballer David Beckham were insured for £100m.
- The star of silent comedy movies in America in the early part of the last century, Ben Turpin, was known for his squint eyes. Convinced that those eyes are the reason for his success in the field of cinema and bring joy to millions, he insured his eyes with a value of $25,000, if they return to normal.
Insurance for Annulment of Engagement Damages
It is well known that the expenses and costs of marriage are high, and the families of the newlyweds incur huge sums of wedding costs, engagement party, and so on. The annulment of the engagement leads to a great loss for both parties, as these expenses go to waste.
Laughter Insurance
The most famous American comedian duo in the 1990s, Abbot and Costello, insured their partnership worth a quarter of a million dollars, if there was an argument that led to their split. If he lost it.
Starbucks Pays More for Health Insurance for Its Employees Than It Pays for Coffee.
Starbucks CEO Howard Schultz once initiated a company-wide transformation that included cutting costs. That’s by laying off employees and closing stores nationwide, most of which have been open for less than two years. However, even amid cost cuts, Schultz refused to drop the health care of his employees, which was the most the company spent on coffee. A shareholder called Schultz and said the crisis would provide him the perfect cover for cutting benefits for part-time employees, but Schultz refused.
No Insurance Company Will Guarantee Jackie Chan’s Artwork
Hong Kong actor Jackie Chan, famous for his stunts, personally trains his ascendants and pays medical bills out of pocket. “There are a lot of safety and insurance rules to follow,” Chan once said in an interview on his official website.
“I know they want to make sure I’m safe when I’m doing my stunts, but sometimes they insist on using protective gear even for the simple things, and that’s frustrating. “It takes a lot of time,” Chan said. Chan said he feels more exhausted when making films in Hong Kong. “In Hong Kong, we go ahead and do what we have to do. There is no safety captain on the set. I use my thrill team because they have the experience, and I trust them to make the thrills and stunts safe.”
The Astronauts Aboard Apollo 11 Couldn’t Get Life Insurance
Apollo astronauts were unable to qualify for life insurance and did not have insurance from NASA. So before their fateful flight, they resorted to “insurance signatures”, and signed them before launch. The value was expected to rise in the event of their death.
This Microsoft Wallpaper
Rolling green hills and blue skies appearing as the background of each Microsoft computer (pictured below) is an actual image that Microsoft purchased – an image so valuable that the insurance to ship it was very high. So Microsoft paid to take it back and have it delivered by hand instead.
Alien Kidnapping Insurance
Oddly enough, stranger kidnapping insurance may make its way to some people. How not, and the individual may get a million dollars through it, but gradually over a period of one million years. The St. Lawrence Agency in Florida is the first company to introduce this type of exotic insurance expense, and says it has sold about 30,000 policies and paid off at least two claims so far. New facts about insurance are being discovered even after a million years.
One of the Insurance Facts Is That You Can Promote the Store With an Insurance Policy of Half a Million Dollars
A jewelry store in the American city of “Wilmington” has adopted a strange and somewhat successful policy to promote its store during the holiday season. He insured his store with terms that required him to get half a million dollars in value if the snow fell on Christmas Eve by 3 inches and more. On Christmas Eve 2016, 8 inches fell and the company had to pay.
Coconut Insurance
A tourist insurance company in Sri Lanka insures all its guests and clients against injury or death from the fall of coconuts, and only one client has received financial compensation.
