Post by Paul Miller

Insurance Compliance & Governance Recruiter / Trustee of the Insurance Museum

Mariah Carey's voice was once insured at Lloyd's of London for $35 million. The policy was taken out for her Sweet, Sweet Fantasy tour. She also insured her legs for the same amount in case she was injured and unable to perform. Mariah's legs were also insured when she signed a contract for Gillette's 'Legs of a Goddess' campaign in 2006. The firm covered her legs at Lloyd's as a publicity stunt - for $1 billion. Another voice you'll soon be hearing lots of over the next few weeks is that of Bing Crosby and like Mariah, he also insured his voice at Lloyd's. As part of his policy, he was told that he could not remove a node on his vocal chords as it was said to be the cause of his distinctive huskiness. One man who wasn't dreaming of a white Christmas was William Yonkus, the owner of a jewellery store in Michigan. In 1995, he promised customers that anything they bought between November 20th and Christmas Eve would be refunded if three inches of snow fell on Christmas Day. He had studied snowfall patterns for 25 years and realised he had a 30-1 shot at losing. Mr. Yonkus stood to pay refunds of $500,000 to 2,500 customers but luckily, snowfall stopped at two inches. He had taken out a prize indemnity policy at Lloyd's - just in case! #insurance #lloydsoflondon

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