Some fun insurance facts for you…
- No insurance company will underwrite Jackie Chan’s productions. The Hong Kong-based actor, famous for his daredevil stunts, personally trains his own stuntmen. He also pays their medical bills out of his own pocket!
- The San Diego Padres have signed the same player (Matt LaChappa) for 25+ years so he doesn’t lose his health insurance. LaChappa is known for being a “Padre for life,” having signed a minor league contract with the team suffering a heart attack during a Rancho Cucamonga Quakes game on April 6, 1996. Since the incident, the Padres organization has signed him yearly to a basic Minor League contract so that he can maintain his health insurance.
- An insurance policy exists for death by excessive laughter at a movie theater. During the early 19th century, movie-goers were so scared of dying due to excessive laughter that they bought insurance through Lloyd’s of London.
- An insurance company offered a cash reward to anyone who could capture the Loch Ness monster. In 1971, whiskey manufacturer Cutty Sark offered an award of one million pounds ($2.4 million) to anyone who could capture the Loch Ness Monster. The company also asked Lloyd’s of London to underwrite the contest. Lloyd’s agreed, under one condition: that once captured, it would get to keep ol’ Nessie.
While it might not be as shocking, check out our newest 24-hour P&C insurance continuing education course, “All You Need Is Insurance,” to get a comprehensive understanding of both personal and commercial P&C insurance. As always, InternetCE is here to help with all your online North Carolina insurance continuing education needs!