Your Insurance Products Demystified

October 15, 2019

In 1999, a rather resilient tabloid rumor returned American singer Jennifer Lopez to international headlines. It was reported that she had gone ahead to insure, among other body parts, her own derriere for $27 Million. She has publicly denied taking out the policy, but the reason we still talk about it years later is because the story is simply odd, but not entirely unbelievable. Celebrities have for long taken out novelty insurance products for various body parts, albeit with less brouhaha than was accorded the Jennifer Lopez. English footballer David Beckham at the peak of his career had a £100 Million insurance policy for his legs. His countryman, Keith Richards, guitarist for The Rolling Stones, insured his middle finger for $1.6 Million (in reality it was both his hands but exaggeration is how tabloids sell).