From Aliens to Zombies: 10 Unusual Insurance Policies!

It makes sense to insure your home, car, and health, but over the years, insurance companies have developed policies to protect against some pretty bizarre situations!

Here are 10 of the most unusual insurance policies we’ve come across:

• Athlete “Loss of Value Insurance”– During a recent NFL Draft, several players reportedly collected insurance payouts after they weren’t drafted as early as they had hoped. ESPN reported that Jaylon Smith, a linebacker from Notre Dame, received $900,000 after he slipped to the 34^th pick in the draft due to concerns over a knee injury!
• Insurance Against Death By Laughter– Lloyd’s of London insured a comedy troupe in the event an audience member died from laughter! According to the BBC, the group was so confident in their humor, they insisted on an insurance policy in case they turned out to be fatally funny.
• Taste Bud Insurance– Certain individuals, like food tasters or chefs, rely on their taste buds being in top condition to make a living. John Harrison has his taste buds insured for $1 million by Deyer’s Ice Cream, as his primary job is to taste-test the ice cream to ensure its quality remains flawless.
• Ghost Insurance– Many insurance companies offer “ghost insurance,” which covers damages or injuries caused by actual spirits! It may sound unbelievable, but one hotel owner in Britain took out a £1 million policy after a reported ghost sighting on his property.
• Moustache Insurance– In the 19th century, Lloyd’s of London offered a rather peculiar policy designed for individuals whose public image relied heavily on their moustaches. If a man with a prominent moustache lost it due to an accident, the policy would compensate him for the loss. However, the coverage came with a catch—he had to maintain his moustache in good condition, or risk forfeiting the compensation.
• Cold Feet Insurance– Cold feet insurance, once considered one of the most unusual policies, has actually become more common in recent years! Imagine this: your wedding venue is booked, the caterer is set, the decorations are ready, but at the last minute, either you or your partner gets cold feet and backs out. Without cold feet insurance, this could lead to a huge financial loss for both sides.
• Virgin Birth Insurance– Worried that you might become pregnant through Immaculate Conception? Well, a Virgin Birth insurance policy could be just what you need! Interestingly, four people have taken out this unusual policy—three nuns and one woman who feared a Virgin birth might happen as a result of the Y2K scare. So far, however, this policy has yet to pay out.
• Alien Abduction Insurance– Ever stared up at the stars and thought, “What if a UFO swoops down and takes me away?” Well, don’t fret—there’s insurance for that! Yep, about 33,000 people worldwide have alien abduction coverage just in case they’re snatched up by extraterrestrials. And if being abducted isn’t your biggest concern, you can always grab a UFO Damage Insurance Policy to cover any potential flying saucer mishaps! Talk about out-of-this-world protection!
• Zombie Apocalypse Insurance– In the unlikely event of a zombie virus outbreak, who’s footing the bill for the cleanup? A UK insurance company offers a policy specifically designed to cover the costs of such a scenario. It’s not your typical insurance, but then again, these aren’t your typical times!
• Loch Ness Monster– The legend of Nessie has been stirring up debate for decades, but some are willing to wager she’s just a myth. The Cutty Sark Company in London has sweetened the deal with a $1.5 million prize for anyone who can capture the Loch Ness Monster alive. But just in case someone actually does show up with a leash and Nessie in tow, they’ve got their bases covered with an insurance policy to handle the payout! Talk about planning for the unexpected!

These policies might seem out of this world or a little extravagant, but they show how insurance has adapted over time to cover the quirky and unexpected needs of people—no matter how unusual they may be.

Help us give you exactly what you need by contacting one of our brokers!