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The insurance is normally purchased by the "feeble-minded", according to Burgess, a former Lloyd's of London underwriter. Prominent policyholders have included Shirley MacLaine and a Harvard University professor who has written on aliens.
Originally posted by RANDOMguess
Yeah mine covers abduction, anal probing trauma and a direct hit from an asteroid.
7. Rapture Insurance The Skinny: Not a true form of insurance, but pretty close, YouveBeenLeftBehind.com gives Christians one last chance to reach their friends and loved ones during “the time of tribulation after the rapture.” By delivering personalized messages to non-believers in the event that good Christians are called up to heaven, the website claims it can give its customers one last chance to save the ones closest to them. Although weird, it’s hard to deny that the offer is tempting to True Believers. Yet, this bizarre form of insurance does raise one very important question: if all the Christians are called up to heaven, who’s left at the company to click “send” on all those messages? The Payout: It’s hard to put a price on saving a soul, but You’ve Been Left behind will do it for $14.95. Paypal is accepted. – Source
Originally posted by CVinWA
These are all very funny! Abduction insurance
But seriously, anyone ever heard of terrorist insurance? Apparently your health policy may not cover you in a terrorist attack without it.
It's not in the interests of anyone in our community, including those companies, to stall or delay recovery."
Rather, insurers should show "flexibility".
The Insurance Council of Australia has warned that insurance companies would pay out on claims according to the terms and conditions of policies.
"If people do not purchase flood cover insurance, they will not be covered," an ICA spokesman said yesterday.
It is estimated more than half of all insured homes in Queensland are not covered for flood damage.
Queenslanders have already submitted 7000 insurance claims to date worth $365 million.
But both the number and quantum of claims will climb drastically.
The latest figures don't include claims for damage in the Toowoomba and Brisbane regions - two of the hardest hit.
Industrial and mining claims haven't been counted yet either.
Seventy-six per cent of the 7000 claims so far relate to property damage while the remainder involve motor vehicles.
Full Story - Herald Sun AU
Courtesy - News.com.au
RACQ Insurance will be tough on claims--
RACQI heavily buffered from catastrophes
Insurance "has to stay in business"
WILD weather in Queensland has triggered almost 6000 claims for RACQ Insurance, which argued yesterday it would have to take a tough line with flood claims so the insurer could remain in business.
Claims lifted from the 2000 indicated on Thursday and would increase, RACQI said.
The figures revealed the fast-rising scale of disaster.
The tally comes as it is thought RACQI, owned by the motoring body, is heavily buffered from single large catastrophes by its own "re-insurance'' protection triggering at $10 million.
Originally posted by TechVampyre
Very nice! That would make a awesome avatar..
EDIT: seeedit on 21-3-2011 by TechVampyre because: (no reason given)