Team AckoJul 22, 2021
Buying insurance policy is not an uncommon thing to do. One wants to secure the money involved in an asset and thus he gets it insured. Simple? But here is the funny part: people have insured things which are weird if not downright hilarious! So, without further ado, let’s jump on to 5 Most Strangest Insurance Policies Ever.
If it is worth something, insure it! Insuring body parts has become a trend among celebrities. It started quite a while back and once the trend began, there was no turning back, Heidi Klum’s legs were insured for $2.2 million. Ben Turpin’s eyes for $20,000, Merv Hughes’ Mustache for $370,000, America Ferrera’s smile for $10 million, etc.
Getting cold feet right before the wedding is a common occurrence. So, what happens to all the hard-earned money spent by your parents for the fancy wedding you wanted? To your relief, you can buy an insurance policy to recover the money spent if your partner decides to take off!
Smoking a cigar like a hero from a Hollywood western, might look classy. But does it make sense to buy insurance for a cigar? Of course it does. Provided it is a 12 ft. long, humongous beast of a cigar! Skansen museum in Stockholm exhibits a record-breaking cigar which is fully insured, for all the right reasons!
In the 1900’s, people were overly confident of their sense of humor. So much so that an insurer, Lloyd’s of London, had issued a $1m policy for film-goers, just in case they lose their life by laughing so hard.
Apparently, a lot of people have a huge fear of getting abducted by aliens. If you are one of those people, you can get an insurance from Lloyd’s of London (Yeah… they are known for insuring such things!). More than 20,000 Alien Abduction Policies have been sold till date.
These policies didn’t quite make it into the list, but we couldn’t exclude them as they are wonderfully strange. So, here are the honorable mentions.
The reward for catching the Lochness Monster is insured at $1.5 million.
You can buy the “Kidnap” insurance policy in advance to pay-off the ransom amount.
Employers can get their star employee insured.
If you live in a haunted place, you can insure against death due to supernatural reasons.
Last but definitely not the least, if you planned for one child and got a surprise of multiple, you can get an insurance to pay for the expenses.
Want to post any comments?
Ins and outs of financially protecting your bike
Team Acko Nov 25, 2021
Digital health ID card: How to apply online and check registration and benefits
Team Acko Nov 24, 2021
How to ensure your employees transition back to the workplace safely and smoothly
Team Acko Nov 22, 2021
Difference between cancer insurance and critical illness insurance
Team Acko Nov 18, 2021
How technological innovation is disrupting Group Medical Cover (GMC) for good
Team Acko Nov 18, 2021
ACKO General Insurance Limited
2nd Floor, #36/5, Hustlehub One East, Somasandrapalya, 27th Main road, Sector 2, HSR Layout, Bengaluru, Karnataka - 560102
We’re socially active!
Download our app
Articles on insurance
IRDAI Registration No: 157
Category: Non-Life Insurance
The use of images and brands are only for the purpose of indication and illustration. ACKO claims no rights on the IP rights of any third parties. The ratings are derived from reviews and feedback received from Google and Facebook users on their respective platforms. | *Savings of upto Rs. 50,000 have been calculated on the IDV of Rs. 18,00,000 and 0% NCB. Amount saved is in comparison to tariff rates. Product name: Private Car Policy - Bundled | UIN: IRDAN157RP0014V01201819 |
Trade logo displayed above belongs to ACKO Technology & Services Pvt Ltd and used by ACKO General insurance Limited under License. For more details on risk factors, terms, conditions and exclusions, please read the policy wordings carefully before concluding a sale.