Tuesday, January 14, 2014

The Most Bizarre Insurance Policies Ever.

When Mark McGwire was chock full of steroids while playing for the St. Louis Cardinals back in the day, it seemed ludicrous that the team took out a $12 million dollar insurance policy on him. He was a mountain of a man...BUT, when you're making star baseball money and the player in question is inflated on god knows what, maybe it wasn't such a crazy idea. The truth is, there are any number of companies out there willing to insure just about anything.

So, in honor of those companies willing to put an insurance policy on just about anything, here's a list of some of the most bizarre policies you're ever going to see.
  • Alien Abduction Insurance. This isn't a joke. Perhaps some people truly believe they're going to be visited a la George McFly...but more than a scare, they'll actually be escorted out of the galaxy. Not to fear, you can purchase some insurance here.
  • Ransom Reimbursement. This one sounds crazy, but if you're an international company with high profile travelers heading into areas of the world where kidnapping is commonplace, it may not be as crazy as it sounds. Though, if someone was taking out this policy on me, I'd reconsider my line of work.
  • Ghost Insurance. If you're too smart for the alien abduction policy, you may want to be safe and insure yourself against ghosts. The Royal Falcon Hotel in England actually has a policy protecting staff and guests from any harm caused by ghosts. Well, not just ghosts, they covered their bases and also put in policies for werewolves and vampires.
  • Chest Hair Insurance. This is a joke, right? Nope. Tom Jones, notorious Vegas crooner apparently was so concerned with the importance of his chest hair to his look that he took out a...wait for it...$7 million dollar policy on it. Whoa. Flaunt it Tony!


This guest post provided by Lamborne Insurance Agency of Grand Rapids, Michigan.