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Insurance protects us from financial loss due to accidents or unexpected events. But itu2019s not always serious! Here are some fun insurance facts that might surprise you!
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Insurance is a key part of our daily lives, shielding us from financial loss due to accidents or unexpected events. But insurance isn’t always serious facts and figures—here are some fun insurance facts that might surprise you! 1. Insurance Coverage for Precious Items While it's common to insure valuables like jewellery, art, and antiques, did you know American TV actress America Ferrera insured her smile for $10 million? Her sponsor, Aquafresh, protected her iconic smile, teeth, and gums with this massive policy. 2.Insurance May Pay for Medical Costs Health insurance typically covers doctor visits, hospital stays, and medications. But did you know Jackie Chan personally covers his stuntmen's medical bills instead of buying insurance? He finds the insurance rules too restrictive for his high-risk stunts! 3.Insurance Can Cover Funeral Costs Some policies help with funeral expenses, but here’s a quirky one: in the 19th century, moviegoers could get insurance against "death by excessive laughter" in theatres! Lloyd's of London offered this unusual coverage. 4.Business Loss Insurance Coverage Businesses can insure against theft, fire, and damage, but have you heard of alien abduction insurance? Over 100,000 policies have been sold in the U.S. since 1987, and some claims have even been settled! 5.Insurance Coverage for Cancelled Trips Travel insurance covers cancelled vacations, but one unusual policy offered compensation for anyone who successfully caught the Loch Ness monster! In 1971, Cutty Sark Whiskey put a £1 million bounty on the legendary creature, underwritten by Lloyd's of London. Learn More Fun Insurance Facts with Humble Insurance Group For more fun insurance facts and to explore various coverage options that protect your assets, contact the experts at Humble Insurance Group. We're here to answer all your insurance questions today!