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Ten weird and wonderful insurance policies

By Kirsten Hastings, 11 Nov 16

People often lump insurance into three categories: car, home, and life. While few would think of the world of insurance as an exciting place, Aegon has put together a list of 10 weird and wonderful insurance policies to brighten, what has been for some, a dreary week.

Travel insurance
Gallery

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Travel insurance

Long haul trip

Although you might envisage that a midnight trip to Mars might be covered by your travel insurance, in all likelihood, it’s not.

However, if UFO abduction is a concern, there are more options for you thank you may think.

While Lloyds of London claim to have around 20,000 insurance policies covering UFO or alien abduction, in order to make a claim, you need to take a lie detector test and have a third party witness to get your pay-out.

Coconutted

In 1984, it was claimed that 150 people a year died after being hit on the head by falling coconuts. Shortly afterwards, a UK travel company, took out an unusual policy: Injury by falling coconut insurance. 

One of their customers visiting Sri Lanka was subsequently hit on the head by a falling coconut and successfully made a claim.

Tags: Aegon

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.