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Trivia

 
Glossary | Insurance History | Safety Tips | Trivia
  1. Many Japanese golfers carry "hole-in-one" insurance, because of the Japanese tradition to share one's good luck by sending gifts to all your friends when you get an "ace." The price for gifts can often reach US$10,000.
  2. Benjamin Franklin invented crop insurance.
  3. Betty Grable's legs were insured for US$1 million.
  4. The word "tip," meaning gratuity, was originally an acronym standing for "To Insure Promptness."
  5. A London insurance brokerage has begun offering insurance for alien abduction. A premium of US$155 per year would pay about US$166,000 to an abductee (provided the abductor was not from Earth) and double if the insured was impregnated during the abduction.
  6. Fred Astaire's feet were insured for US$650,000.
  7. More money is spent each year on alcohol and cigarettes than on life insurance.
  8. The People's Insurance Company of China recently began offering a marriage insurance policy, in which a couple that divorces forfeits all premiums paid, but a couple that stays together 25, 40 or 50 years stands to gain substantial dividends.
  9. British employers can buy insurance against two or more of their staff winning the UK national lottery and not returning to work. Lottery syndicate members must win more than £100,000 each and resign within 14 days of their win. The policy provides £25,000-500,000 to cover the costs of employing temporary staff or recruiting new employees.


Source: originally from
www.cedant.com/ciainsure/Trivia.php

 
 
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