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FUN INSURANCE FACTS & HISTORY

CoverMe123's most interesting insurance trivia

UNUSUAL INSURANCE FACTS

Some celebrities insure specific body parts for millions. This can include legs, voices, or even smiles!

Insurance isn't a modern invention. It dates back to ancient times when merchants would distribute their goods across many ships to limit loss due to a single shipwreck.

Spacecraft and satellites often have insurance in case of malfunction or loss. Even astronauts can be insured!

Some companies offer paranormal insurance, covering things like ghostly encounters or UFO abductions.

The first life insurance policy was issued in London in 1706. It's been helping families for over 300 years!

Drones are used by insurance companies to inspect properties, especially in areas difficult to access, like after a natural disaster.

'Act of God' refers to natural events like earthquakes or hurricanes that are beyond human control, often covered in insurance policies.

The RMS Titanic was insured for $5 million, a huge sum in 1912. The payout helped cover the losses from the tragic sinking.

Believe it or not, some insurers offer coverage for alien abduction, though it's more of a novelty than a common purchase.

Fantasy sports insurance exists to help players who lose key athletes to real-life injuries, covering their potential losses in the fantasy league.