Alien abduction insurance

Alien abduction insurance is an insurance policy issued against alien abduction".

The insurance policy is redeemed if the insured person is abducted by aliens. Simon Burgess, Managing Director of British Insurance, well known for being involved in the bizarre end of insurance, said "Of course, the burden of proof lies with the claimant. Let’s face it – insurance is so tedious that if I can enlighten my dreary life with a bit of humour every now and again, I will." [ [http://www.britishinsurance.com/british-insurance-press-coverage/Simon-Burgess.asp?siteID=773&useDef=1 Simon Burgess] ; British Insurance; 8 June 2006; Retrieved March 12 2008] A policy normally costs around $150 per $1.5 million in coverage as of 1998. [http://findarticles.com/p/articles/mi_m1318/is_n10_v52/ai_21136401 Weird insurance - insurance for obscure events] , "Kiplinger's Personal Finance Magazine", Kimberly Lankford; October 1998; Retrieved March 11 2008] Policy offerings vary from $10,000 to $10 million. [http://www.ojar.com/view_13190.htm ALIEN ABDUCTION INSURANCE POLICIES fogbud: Now if you ever get probed by aliens, your butt will be covered!] ; Marie Bouvier; Retrieved March 11 2008] Some companies offer policies for alien pregnancy, alien examinations and death caused by aliens. [http://www.ardmoreite.com/stories/040397/news/news14b.html Company will continue selling werewolf policies] ; By Edith Lederer; April 2 1997; Associated Press; Retrieved March 12 2008]

The very first company to offer UFO abduction insurance was the St. Lawrence Agency in Altamonte Springs, Florida. [http://www.sfgate.com/cgi-bin/article.cgi?f=/e/a/1998/10/18/NEWS9217.dtl&hw=UNIQUE+PIERCINGS&sn=035&sc=351 Don't sweat alien threat: Insurance policies cover everything from UFO abduction to vampire bites] ; Vicki Haddock, October 18 1998; San Francisco Chronicle; Retrieved March 12 2008] The company has paid out at least two claims. The company pays the claimant $1 per year until their death or for 1 million years, whichever comes first. Over 20,000 people have purchased the insurance. The insurance is normally purchased by the "feeble-minded", according to Burgess, a former Lloyd's of London underwriter. Prominent policyholders have included Shirley MacLaine and a Harvard University professor who has written on aliens.

The Heaven's Gate religious group had purchased alien abduction insurance before their mass suicide. Their insurance company (London brokerage "Goodfellow Rebecca Ingrams Pearson (GRIP)" [ [http://www.sacred-texts.com/ufo/39dead16.htm Heaven's Gate (Part 16)] ] ) stopped offering alien abduction insurance after the suicide - having sold the policy to about four thousand people (mostly in England and the United States). [ [http://findarticles.com/p/articles/mi_m2843/is_n4_v21/ai_19727569/pg_4 Heaven's Gate: the UFO cult of Bo and Peep] ] At a cost of roughly $155 a year the GRIP policy would pay about $160,000 to someone who could show that they had been abducted by a being who was not from Earth. The payment would double if the insured person was impregnated during the event. Men were also able to purchase the impregnation insurance for protection against the unknown capabilities of alien technology. [ [http://www.positiveatheism.org/writ/apocaloopy.htm Impregnation Rider Offered] ]

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