Cool Facts
Now I know insurance is not the most exciting thing anyone deals with all day but it will seem pretty cool once it saves you financially in the event of a disaster. lets take a moment; make insurance more exciting and look at cool things people have insured:
- Taste Buds, In 1957, world-famous food critic Egon Ronay wrote and published the first edition of the Egon Ronay Guide to British Eateries. Because his endorsement could make or break a restaurant, Ronay insured his taste buds for $400,000.
- Legs, In the 1940s, executives at 20th Century Fox had the legs of actress Betty Grable insured for $1 million each. After taking out the policies, Grable probably wished she had added a rider to protect her from injury while the insurance agents fought over who would inspect her when making a claim.
- Mustache, While playing on Australia’s national cricket team from 1985 to 1994, Merv Hughes took out an estimated $370,000 policy on his trademark walrus mustache, which, combined with his 6’4″ physique and outstanding playing ability, made him one of the most recognized cricketers in the world.
- Fingers, Before rock ‘n’ roll, a popular type of music in England in the 1950s was skiffle, a type of folk music with ajazz and blues influence played on washboards, jugs, kazoos, and cigar-box fiddles. It was so big at the time that a washboard player named Chas McDevitt tried to protect his career by insuring his fingers for $9,300. It didn’t do him much good because skiffle was replaced by rock ‘n’ roll, washboards by washing machines, and McDevitt by McCartney.
- Comedy Routine, The famous comedy team of Bud Abbott and Lou Costello seemed to work extremely well together, especially in their famous “Who’s on First?” routine. But to protect against a career-ending argument, they took out a $250,000 insurance policy over a five-year period. After more than 20 years together, the team split up in 1957 — not due to a disagreement, but because the Internal Revenue Service got them for back taxes, which forced them to sell many of their assets, including the rights to their many films.
Information provided by: howstuffworks.com