In the 1940s, movie star Betty Grable purchased a more than $1 million insurance policy for her legs from Lloyd’s of London. (Who knows what those gams could be worth today: Back then you could get a new Ford station wagon for under $2,000.)
That policy may have been a publicity stunt, but it had a real purpose: The starlet was famous for her legs, so an injury could not only have cost her a career, her movie studio would have lost one of its most bankable stars.
Whether it’s to protect health, auto, or property, insurance protects individuals and companies from risk. But what about more exotic risks like wedding insurance, riot insurance, or yes, even leg insurance? Well, it turns out, if you shop around, you can probably buy coverage. Afraid of being hit by space debris? There’s a policy for that. Worried that a hurricane ruining your wedding day? You’re covered.
The editors at FitSmallBusiness.com set out to uncover some of the wackiest insurance policies, and they got more than they bargained for. From fantasy sports wages insurance to policies to protect against terrorism, here’s what they discovered:
15 Craziest Things To Insure
- Cyber Extortion Protection
- Food Poisoning
- Employees Winning the Lottery
- Hole-in-One Prize (Golf)
- Space Debris
- Body Parts
- Fantasy Sports Wages
- Kidnapping and Ransom Expenses
- Christmas Caroling
- Paranormal Abductions
“I love the fact that a business can insure against its employees hitting the lottery and all quitting at once,” says Sarah Wright-Killinger, Managing Editor, FitSmallBusiness.com. “We may have to look into that here.”