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Strangest Insurance Policies You Never Knew Existed

August 25, 2020
August 13, 2024

You�??ve probably heard of Health insurance and Critical Illness coverage from old acquaintances that slide into your DMs out of the blue. But did you know that beyond our little red dot lies a whole range of insurance policies?

Have a look at some of the most unusual insurance policies people are willing to pay for.

Picture perfect

Most of us have had to deal with physical insecurities at some point in time. But if you�??re a celebrity, or have cash to splash, it�??s a different story. Being in the spotlight has its perks - you can get cosmetic surgery done and get your favorite body part insured.

Image: Alexi Lubomirski/ Pinterest

Actress Julia Roberts is the proud owner of her literal million dollar smile, which has been insured for $30 million. After becoming the face of Gillette's Legs Of A Goddess campaign, singer Mariah Carey got her legs insured for $1 billion. Heidi Klum, Taylor Swift and David Beckham among others have their legs covered too.

Aliens among us

Aliens have been the center of news reports and movies, to the point where people have started purchasing insurance to protect themselves from a possible alien abduction. To make a successful claim from Lloyd's of London, a UK-based insurance market, you�??ll require a witness in addition to taking a lie detector test. Although getting your pay-out is not a walk in the park, sources state that Lloyd�??s has sold almost half a million alien abduction policies globally as of March this year.

Saint Lawrence Agency in Florida that offers coverage for supernatural sites like Area 51 is said to be the pioneer of such a policy. In fact, they�??ve reportedly seen a surge of interest as news of storming Area 51 gained traction on Facebook last year and have processed the claims for two individuals.

Who wants to be a millionaire?

Winning the lottery feels good, unless you�??re the employer of the victor who just tendered his resignation a few minutes ago. To cushion the cost of hiring temporary staff or training new staff, employers can consider getting the Lottery Winners Insurance from insurance brokers Lloyd�??s of London.

The downside? You�??ll need two or more employees to resign at the same time due to a win. The upside? You�??ll never need this in Singapore because the bills aren�??t going to pay themselves.

While you can live without the aforementioned policies, there are some you should definitely get. Find out which policies are best suited for you through an online consultation today and earn yourself $15 - it�??s as easy as it sounds!

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Attend an e-consultation now!

Receive a remuneration of $15!

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