Insurance facts you may not know

Formal insurance coverage has been demonstrably available to individuals and businesses since the late 1800s. To the layman, however, not all is as it seems in homeowner, auto, real estate, and commercial policies.

On a practical level, it is important to meet with an experienced independent agent to assess your needs, explain options and plans and visit the network for bespoke coverage at a competitive quote, while being there at the time you needs a claim.
This article serves to present the different view of insurance – fun facts that will pique your interest and ease the seriousness of life, while perhaps offering opportunities that you thought did not exist.

Guess?

• While most people realize that a good driver will have a better insurance score, leading to lower premium rates, certain professionals such as teachers, accountants, engineers and nurses are also placed in the ‘high probability’ category of driving carefully and avoiding accidents. to avoid.

• There is some form of insurance for alien abduction (obviously)!

• Some coffee company executives wanted to make sure their official taster would maintain his excellent sense of taste, so they bought a $10 million policy for it!

• Offering the bride an expensive diamond engagement ring is a tradition based on protection. A form of insurance – so to speak – the precious ring would be for her to keep as compensation in case the groom got cold feet about tying the knot!

• Playing golf in Japan becomes an expensive affair if you are the winner – you are required to organize a party and sponsor expensive alcoholic drinks for your admirers. Golf pros often choose to purchase insurance in case they win to cover the ‘damage’.

• If you want, you can take out life insurance if you end up in a fit of laughter that will kill you!

• A famous circus insured their performing rhinoceros and elephant so that they could cover the damage in case of illness or death.

• Question: Who insures traveling international athletes? Answer: They are covered by insurance companies in their home country and in their host country.

• When a sports fanatic chose to swim across the English Channel in a bathtub, he took out insurance from a company that took the risk with one condition: the bathtub needed a stopper that would prevent water from entering would seep!

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• If you’re looking for a new car, keep in mind that statistically there are more claims for a 2-door car.