26 Sep What Do UFOs Do for Insurance?
Fortunately (or maybe unfortunately), when I see an exposure, I wonder how insurance covers it. Exposures, whether rideshare, renting your car or house, or an unmanned aircraft, keep developing. I recently heard that if you have a nice backyard with a nice pool, you can rent out that space for parties. How does insurance cover that exposure? I’m still trying to figure it out.
But one exposure that apparently is not new but is now getting much more attention involves UFOs — going back to 1947 when something crashed in Roswell, New Mexico. The “official word” was that it was a weather balloon. It seemed like a lot of secrecy over the crash of a weather balloon.
Was it a UFO? We may never know. Was it insured? Who knows how the makers of UFOs handle insurance for the UFO itself or its “occupants?” Maybe it was a manufacturer defect that caused “it” to crash. Was there life insurance on the occupants? All insurance questions will go unanswered since there was no “Alien” Insurance Company doing an investigation. Is the concept of insurance only for Planet Earth?
At this point, you may be thinking, “interesting question,” or possibly – “don’t know and don’t care.” After all, why would we need to think of insurance questions dealing with UFOs and aliens?
Much to my surprise, I did find that people can buy insurance in case they are abducted by aliens. The trustedchoice.com website states, “Basically, any earthling — err, human — who’s abducted “by an alien not from planet Earth” can be covered, as long as they can provide the evidence required to make a successful claim. Alien abduction/UFO insurance is marketed mainly to help cover the medical and psychological trauma following an alien abduction.”
How’s this for some unique conditions? To file a successful claim, you must be prepared to do the following:
- Provide specific information about the aliens, including where they’re from and what type of spacecraft they use.
- Provide a detailed description of the abduction incident.
- Provide the signature of an “authorized, on-board alien.”
- Pass a lie detector test.
- Provide video footage of the encounter.
- Provide a statement from a third-party witness.
To be covered, you’ll have to be returned to Earth by the aliens. You cannot file your insurance claim if you’re abducted, taken to another planet, and never returned. It’s also important to note that certain policies come with a “frequent flyer” exclusion, meaning that individuals who get abducted more than once aren’t covered. There’s a strict limit of one incident per policy. This coverage has been around since 1987.
It was noted that the carrier has paid out on two occasions. Maybe you know who these people are.
I can only imagine what your customers would say (or think) if you were to add to your Personal Lines questionnaire the question, “Are you interested in Alien Abduction/UFO Insurance in case you are abducted?”