Some Of The Oddest Things Ever Covered By Insurance Companies

At any particular time in your life, insurance becomes a great necessity. It does not matter whether coverage is needed by such as the case with auto policy or just by prudence. It is true you will need the hedge against loss. Thus, the run of mill policies such as home, life, and auto are quite understandable. For instance, if you lose your house during a flood, you are assured you have got coverage. However, there are some that scratch your head. You need to pay premiums no matter how impossible or strange the scenario, it can be covered. The following are some of the oddest things ever covered by insurance:

Oddest things ever covered by insurance companies

Alien Abduction

In fact, this policy exists. Moreover, it is not only for the one-off occurrence. Some companies make most of their revenue by covering people in case they are taken into a spaceship by the extraterrestrial beings. In some instances, it operates a special type of life insurance. If a person is abducted by aliens and never found again, the family left behind is compensated. They need to prove that such abduction occurred.

Tongue

People buy all types of coverages to cover valuable body parts. For instance, Betty Grable took out an insurance policy for her legs just like David Beckham, should disasters befall them. However, the tongue is the oldest body part that was ever insured by Gene Simmons. When rumors surfaced that there was surgery on it, he insured it to ensure he was compensated if someone bit it off. This is one of the tales that are hard to swallow, but very true.

The lottery winners

This is a policy that may not pay much like alien abduction cover. However, in the UK, an employer may buy an insurance policy that covers incidents that arise out of two employees that quit after losing the lottery. It needs to be at least 2 people. In addition, they cannot be sharing even a single ticket. Odds of single employees to win a lotto are very slim. Chances of winning tickets of by two people working in a given company are nearly none. The Camelot group, which is an organization that runs UK lotteries, purchased this cover. If employees won, it certainly raises eyebrows if two of their workers won.

The next time you are talking to your policy salesperson. As them else what they can cover, but just for fun.