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Wackiest insurance policies ever

world Updated: Sep 20, 2010 15:34 IST

Agencies
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Do you fear being abducted by aliens? Have you ever seen a UFO? If your answer to any of the above questions is yes, getting an alien abduction insurance may not be such a bad idea.



However bizarre it may sound, you can actually get insurance against alien abduction. According to Newser, British Insurance has made $3 million selling this policy to gullible Californians. But the company's managing director admits it's a joke. "Let's face it," he says, "Insurance is so tedious that if I can enlighten my dreary life with a bit of humour every now and again, I will." Apparently the weird insurance is purchased usually by the weak minded.

With most people having a health, car, house and life insurance, companies are coming up with wacky insurance policies. Here's a list of Asylum's wackiest policies ever devised, reports Newser.

Immaculate Conception: Three Scottish virgins were so convinced that God might impregnate them that they took out a policy that would pay them $1.5 million if it happened.

AlienChest Hair: An unknown celebrity asked an insurance company to insure his manly chest rug for $7 million. Alas, he never took out the policy.

Giant Crab: When the Birmingham Sea Life aquarium took possession of a gigantic Japanese spider crab measuring 10-feet across, they assured the public wasn't dangerous-then took out a $1.5 million policy against visitor death or dismemberment.

Thailand Riots: To reassure tourists about their eminently safe country, the Thai government is offering visitors riot insurance.