When most of us think of buying an insurance policy, it’s typically for our cars, homes or things like jewelry. Some people are lucky enough to need insurance for things like their art or boats.
Of course, many of us also buy insurance for medical care and life insurance policies that give our loved ones some financial comfort when we die. What most of us don’t do, however, is consider insuring particular parts of our bodies, or using insurance as a hedge against seemingly impossible things occurring, like an alien abduction.
Well, the folks who took out these bizarre insurance policies aren’t like most of us. So thank goodness that Lloyd’s of London, the world’s best known specialty insurer, and other specialty insurers exists. Otherwise, you’d just be staring at a blank page right now, instead of reading about the weirdest things people have ever insured.
Well, pretty much ever. Insurance policies aren’t exactly public information, so there could be some seriously weirder things out there that are insured. But here are 11 of the ones we know about.
1. Grables’ gams
The first body part ever widely-known to be insured was actually two body parts: Actress Betty Grables’ legs. Back in the 1940s, when Grable was a big Hollywood star, Twentieth Century Fox reportedly had her legs insured by – you guessed it – Lloyd’s of London for a whopping $1 million each. Even today, insuring a body part for $1 million is quite something, but back then, that amount was something closer to $1 billion in today’s dollars.
By comparison, supermodel and television host Heidi Klum’s legs are reportedly insured today for $2.2 million – also at Lloyd’s – and she reportedly had to have her legs “inspected” by an underwriter before they’d write the policy.
2. Alien abduction
So, no, we weren’t kidding when we mentioned alien abduction earlier. It turns out that actress Shirley MacLaine reportedly has insurance for any losses caused by alien abduction. Her policy is reportedly worth $25,000, though that doesn’t seem like much considering her penchant for the unusual and all those past lives she says she’s had.
3. Those tongues
If you were ever a member of the KISS Army fan club, you probably know that bassist and general evil dude Gene Simmons had his really long tongue insured for a reported $1 million. But his mouth muscle just can’t compete when it comes to insurability. Costa Coffe’s chief taster Gennaro Pelliccia reportedly has his tongue insured for a whopping £10 million ($13.15 million). Sorry, Gene. Gennaro’s got you licked.
4. That plucky bird
Keith Richards isn’t just famous for being the lead guitarist for the Rolling Stones. No, Richards is also famous for frequently flipping the bird. In fact, he’s offered up the single-digit salute so many times over the years that his middle finger is now insured for a reported $1.6 million. Keep it classy, Keith.
5. Little Elvis
Sure it’s common for men to name their, um, little friends that go everywhere with them. It’s no different for legendary Van Halen singer David Lee Roth, who named his best compadre “Little Elvis.” It’s another thing entirely, though, for a man to take out an insurance policy for his little buddy. But leave it to the famously flashy Roth to do just that. We’re not exactly sure what kind of losses Little Elvis is insured for, but they’re reportedly worth $1 million.
6. The Loch Ness Monster
Back in 2013, a cruise ship company based in Inverness, Scotland, took out an insurance policy to protect its fleet against damage done by the famous Loch Ness Monster. It wasn’t the first time a policy was written regarding Nessie. Scottish whiskey maker Cutty Sark offered $1 million to anyone who found Nessie alive. The company then took out an insurance policy in the same amount should anyone actually find the beast.
7. A voice
Rock superstar Bruce Springsteen reportedly has his voice insured for $6 million in case something should ever happen that would keep him from singing. Here’s hoping The Boss never has to file a claim.
8. Chest hair
According to numerous reports, American singer Tom Jones considers his chest hair his best asset (it wasn’t his shirts, after all, that he was reportedly stuffing socks into before concerts), so he decided to have it insured for a reported $7 million.
9. Pearly whites
Actress America Ferrera has a beautiful smile. So beautiful, in fact, that her sponsor, Aquafresh, had her teeth insured for $10 million. That’s a payout of more than $300,000 per tooth!
10. Parton me?
Not to be outdone by her entertainment industry peers, country music legend Dolly Parton stayed abreast (ahem) of insurance trends, reportedly having her chest insured for $300,000 — each. We’re not sure if that figure accounts for inflation. Or deflation. Oh, boy.
11. Serious assets
Singer and actress Jennifer Lopez is famous for more than just her entertaining chops. Her butt has seen its share of notoriety as well, which is why she quite literally covered it – for $27 million.
Image: Petar Chernaev