Stranger Than Fiction: Bizarre, Real-Life Insurance Policies

Welcome to the strangest of strange - the insurance of strange that you have to read to believe. For many conditions, insurance coverage extends far beyond cutting and drying the house, the tenant, and auto insurance policies that include: Insurance celebrity body part You can make your jaw drop to discover that he has insured Heidi Klum two feet, is more interesting is that his right leg is worth $ 1.2 million, while his left leg is worth only $ 1 million because he has a small scar. Is also insured America Ferrera of Aquafresh white strips for 10 million dollars in the beautiful teeth pearly white. But let's not forget the famous Dolly Parton. Well known for its broad chest and music twangy, and insured breast Dolly Parton curse $ 300,000 each. Add to this feeling, Latin singer Jennifer Lopez has an insurance policy of $ 27 million in the rear, and a part of the body that made him even more famous. Wedding Insurance As if the cost of a wedding is not too expensive, many couples choose to pay insurance wedding where cold feet and canceled at the last minute. This coverage also includes a death in the family or other disaster that could last minute ruin the perfect wedding day. A few may choose to hire insurance to cover the wedding wedding ceremony and reception, as well as expenses such as a wedding dress, wedding photos and gifts stolen from it. UFO abduction insurance If you are worried about alien abduction, like many people, you can hire an insurance policy to compensate for the physical and psychological damage that can occur. The good news is that this coverage is relatively cheap insurance up to $ 50 for lifetime policy. You can provide a huge payout of up $ 10 million.

Hoax? If you make a claim, and the minimum payment can be up to $ 5 per year for the coming years 2000000. If you are interested in this type of the UFO security guard, be sure to read the fine print before signing on the dotted line. Multiple Birth Insurance This type of insurance coverage is ideal for those who wish to prepare for the worst, even in pregnancy. Lloyd's of London insurance provides coverage for multiple births to compensate for the financial impact of unexpected mouths to feed. A couple from Michigan with this insurance policy is able to pick up after the twins. They continue to pay for insurance in the case of multiple births that were to happen again, as luck would have it, soon birth to a second set of twins. Large in the world of insurance coverage, and protection policies available to miss great. If you take anything away from these foreign insurance policies, and make it a priority to hold talks with your insurance agent about any curve Austin and all forms of life that are thrown your way to see if the insurance protection available.

Regulated and None Regulated Insurance

The difference between insurance and regulations governing simple terms and with respect to life insurance products. Regulates: Must be eligible for the person organizing this type of insurance (Diploma in Financial Planning) and meet the educational needs and adjust the current through the organization of ASIC Guide 146. The attorney must work within the framework of the law of "know your customer" and this means that the assessor must take into account the current situation and future plans and then advise you on the best type and amount of insurance to suit these needs. Chancellor takes responsibility for making sure that the levels are adequate and sufficient and the customer can pay those premiums to recruit life insurance policy through the policy. Nothing regulates known as general insurance: Ad Type regularly on television and radio. When making this type of insurance to tell the person selling you the amount you want, then your responsibility to ensure that insurance is right for you. The difference in the selling process of getting insurance. Regulates the sage who is selling. Client sits with a counselor, advisor takes the details of the client, usually on the objectives of the clients, family, children, and lifestyle. The objectives of the plans (immediate) now in the next five years and long-term plans, and more than seven years, health problems, this can be dangerous, as the heart, cancer, diabetes and even the latest injury sports. The lawyer then take away the information, and will "gap analysis" and then secured the best source to suit customer needs to serve customers within budget. This can be even with the super tax to make it more effective. And "subscribe in the time of application" of these policies by making a written request medical questionnaire and most likely the insurer will ask medical report and blood tests, and in some cases to a complete medical examination. Once the policy is in place of the customer is the only person who can cancel the policy. In case of complaint, even to die of a disease that already exists (suicide within the first 13 months) and guarantees the insured to pay. Nothing regulates this is just a sale. Customer calls the call center where the operator is trained sales techniques, and the operator will ask your birth date or no smoking smoking and occupation. The operator will tell you, you can have X amount of insurance for X amount per month. Then up to you to read the product disclosure statement to see if insurance is right for you. And "IPO in the application" of these policies, even when applying for the insurance company will ask medical records in case of death, if death was caused by an existing disease was known through seven years of doing politics outside and excluded this and there will be no compensation payment.

People find attractive for this fast and not make any medical question, but some wonder whether you have cancer or a heart attack and if so they will not offer you insurance, and your career can make you ineligible. But the sale of a majority is cheap and non-medical. Premiums Can be increased insurance premiums or level in Australia. In almost all cases is escalating insurance premiums unregulated. Insurance regulations can be. Stepped premiums - premiums increase each year to their age. Level premiums - premiums generally do not increase with age when he obtained the policy. The level of premiums - usually at the start of intensified higher premiums, but also came to raise premiums in the past usually are cheaper at the stage where its most likely to need insurance. Even for small customers more cost effectively than the current level of the term of the policy that could save tens of thousands of dollars from customers. Taxes and insurance documents. For all types of policies and premiums usually licensed for income protection policies are tax free. However, the insurance proceeds are taxable. Insurance in super It can also be useful for the retirement insurance contract. The insurance contract is owned by Super Super User for the cashier of the insured. Values ​​deduct insurance premiums contributions either continuous or fund account balance. In general penalty is made, the protection of TPD and income environment super (no shock / critical illness) Premiums to protect death and TPD revenue through super buy exclusively derived from the Fund. You can finance insurance premiums usually a super contribution tax deductible if you are self-employed, or employer contributions to their super fund.