Alien abduction insurance

Business & Insurance |Alien abduction insurance|

1. Alien Abduction Insurance

The insurance policy is redeemed if the insured person is abducted by aliens.If some one is worried about potential loss of health, life, property or sanity as a result of alien abduction,then he is not alone. There are number of insurance agencies willing to sell you a policy to protect you in case of a close encounter of the third kind. More of a lark than a serious protection of one’s assets, alien abduction insurance policies have been issued to over millions of people since the 1990s.

“Of course, the burden of proof lies with the claimant,” says Simon Burgess, managing director of British Insurance. “Let’s face it – insurance is so tedious that if I can enlighten my dreary life with a bit of humor every now and again, I will.” It’s not all for laughs, though.

Alien abduction insurance

 The infamous Heaven’s Gate cult purchases insurance policies for all of its members before the group’s mass suicide, leading Goodfellow Rebecca Ingrams Pearson (GRIP), the company that issued the policy, to cease offering the service. If you’re wondering how much alien abduction insurance might cost you, you couldn’t do much better than $9.95, the price of a lifetime policy from the Alien Abduction Insurance Corporation.

Alien abduction insurance

The Money you have to pay:A policy normally costs around $150 per $1.5 million in coverage as of 1998. or simply we can say that the value of a policy varies from $10,000 to as much as $10,000,000, and the St. Lawrence Agency has even paid out at least two such claims. 

Alien abduction insurance

The company pays the owner of the policy $1 a year for one million years, or until death, whichever comes first. hopefully most of the people get full advantage of such policies.