You’re probably aware of how crucial insurance is for safeguarding your car and house and avoiding large medical expenditures. However, did you know that some insurance plans cover things like getting abducted, having musical skills, or even getting a plant? In today’s world, it’s crucial to have various insurance policies in place. Whether you’re a business owner, parent, or individual, having the right insurance can help protect yourself and your loved ones from unexpected events. Check out this blog to learn about some of the unusual items you can insure.
- Kidnapping
Have you ever wondered what could occur if you ever got abducted? Some insurance companies will insure you against being kidnapped. This coverage can be helpful if your family worries about your safety. Another reason this kind of insurance could prove beneficial is that if you’re ever held hostage, having this coverage can help your family get the money they need to release you. So, if you are concerned about your safety or the safety of your loved ones, consider the benefits of an abduction insurance policy!
- Plants
If you possess green fingers, you will be surprised to know that there are insurance policies for your green buddies too! Some policies cater to theft, damage due to weather conditions or pests, and even natural disasters like wildfires. You may be surprised that specific policies are also designed for plant growers and nurseries! You no longer have to worry about the safety of your exotic plants, and you can rest assured of recovering from the loss should anything untoward happen to them. The good news is that there are many reputable companies out there that insure plants, and they will be more than delighted to come to your aid in helping you find a policy that meets your specific needs.
- Mustache
If you felt the above 2 things were pretty unusual, you have another one coming! If you’re passionate about your facial hair, you can insure it for a significant amount. Merv Hughes, an Australian cricketer, reportedly insured his mustache for $370,000. According to Time, Hughes’ mustache was one of his distinguishing features. Insuring your facial hair can make you a lot of money, but knowing the risks is essential. One of the things you should consider, though, is that you need to ensure that the insurance policy covers all types of facial hair. This includes beards, goatees, sideburns, and mustaches. So if you feel like going all out and pulling off a distinct look, why not get it insured?
- Car stereo system
Cruising down the road and grooving to your favorite tunes is an unparalleled joy! If you’re ever in the unfortunate circumstance of a mishap, having coverage insurance can be a lifesaver. Theft and robbery can be incredibly traumatizing, especially in broad daylight. Comprehensive insurance coverage that includes theft coverage can help ease some financial strain. Policies may also include reimbursement for costs associated with stolen equipment or its components. No one knows better than an experienced professional what could happen to your car stereo system during their workday - so why not insure yourself against it?
- Your Identity
Did you know that your identity can be misused? Identity theft is a major issue. Someone acquiring your identity can use your personal information to steal money from your bank account, use your credit cards without your permission, or secure a loan in your name. You can seek identity theft insurance to be compensated for the amount lost. Some insurers provide it as part of home insurance, while others sell it alone.
Though some of these things may seem silly, you will be surprised to know they are insured too. So, who knows, you might come across them later on in life. Insuring such items is an excellent way to stay financially secure when there’s a chance of them getting stolen or damaged by someone who doesn’t intend to pay for it.