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Interesting Insurers Facts You Must Learn

Following is our collection of super amazing and curious facts and details explaining Insurers. This list is intended for research in school, for college students or just to feed your brain with. Possible use cases are in quizzes, differences, homework facts legend, cover facts, and many more. But nevertheless learn why is Insurers so important!

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Top 10 Insurers facts that will blow your mind.

  1. The only instance of a kid dying from poisoned Halloween candy was when it was given to him by his own father. The father took out a $40,000 life insurance policy on his son beforehand. He gave the tainted candy to four other kids to set up the story that a local madman had poisoned the kids.

  2. In 1988 Mad Magazine drew attention to a cigarette manufacturer that owned a life insurance company - claiming cigarettes were harmless while charging more to insure smokers.

  3. Mythbusters hosts Adam and Jamie built a combat robot for the show Robot Wars. It was so effective that it often sent pieces of its opponent's bodywork over the shield walls of the arena into the crowd, and after two fights the show's insurance company deemed the bot "too hazardous" to compete.

  4. Walmart used to take out life insurance policies on their employees and keep the payouts when they died, a practice colloquially known as “Dead Peasant Insurance”

  5. Test audiences hated 'Dirty Dancing' and the producer was so disappointed in the final product he said "Burn the negative, and collect the insurance." Expected to be a box office bomb, instead was a smash hit,was the #1 video rental of '88, and was first film to sell a million copies on video.

  6. Pearl Jam's song Jeremy is based on the real-life classroom suicide of Jeremy Wade Delle of Texas, who was released from a mental hospital and sent back to school -- reportedly, once his insurance money ran out he was deemed "cured" .

  7. Kids falling victim to tampered Halloween candy is an urban myth. None of the reports have found to be true. In one case a child died from heroin found at a relative's. In another a child died after eating cyanide-laced candy from his father who'd taken out a life insurance policy on him.

  8. The astronauts of Apollo 11 couldn't get life insurance, so they signed photos that their families could auction in case the landing went wrong

  9. The Apollo astronauts could not get life insurance, so they signed hundreds of envelopes as memorabilia in the event of their death.

  10. In Japan, avid golfers buy insurance to protect themselves on the course. They purchase it because if they get a hole-in-one, they have to buy gifts and drinks for their friends. The policy covers them for a party worth up to $4,900.

Data charts defining Insurers

Insurers figures with statistics charts presented as infographic.

insurers fact data chart about I analysed the data provided by my car insurance telemetry s
I analysed the data provided by my car insurance telemetry system to help me decide whether an electric car is a practical option

insurers fact data chart about Why we need a single payer health insurance payement system
Why we need a single payer health insurance payement system

Funny insurers details

Interesting definitions that can be fact checked.

In 1975, a Soviet naval officer led a mutiny onboard a frigate with the aim of toppling the government of Brezhnev. It failed after a standoff with half of the Soviet Baltic fleet, but an article about it inspired an insurance salesman named Tom Clancy to write his book, The Hunt for Red October

Most dental insurance plans have annual maximums of $1000-$1500, virtually unchanged from the annual maximums when dental insurance first emerged in the 1960's

The aviation industry always uses "deaths per km" to quote safety to the public, while internally insurers use "deaths per journey", where air travel is more dangerous than most other forms of transportation

An insurance company had to stop using their cartoon mascot Erin Esurance because she yielded too much fan made porn. When searching Esurance online, porn would come up first.

In 1918 a man crashed, "died," was buried in a coffin, exhumed against family wishes 2 days later after an insurance debate, found ALIVE (due to being in a low-oxygen coma state), went on to become a French celebrity and invented a breathing tube apparatus/wine pack for coffins.

In 1937, Angelo Hays was declared dead and buried 3 days later. 2 days after that, an insurance investigation exhumed him and found him in a coma. He made a complete recovery. He later invented a coffin complete with upholstery, a food locker, chemical toilet, library, and radio transmitter.

One of the most expensive wine bottles that was never to have been drunk was a 1787 Margaux from Thomas Jeffersons Collection, the owner brought it to a restaurant and a waiter knocked it over. Insurance payout was $225,000 in 1989

If you buy a Volvo through their Overseas Delivery Program, you will receive 2 free round-trip tickets to Sweden, which includes airport pickup + a luxury hotel. Then you'll get 2 weeks to explore Europe in the car and Volvo pays for the insurance, after which they ship your car to you for free

About Dr. Farid Fata, an oncologist who falsely diagnosed 500+ patients with cancer they never had, subjected them to unnecessary treatments, including chemo, and then fraudulently billed over $30 million to their insurance. He was sentenced to 45 years in prison after pleading guilty in 2014.

To pay for his film Clerks, Kevin Smith sold most of his comic book collection, maxed out several credit cards, used some of the funds for his college education, spent insurance money awarded for a car he lost in a flood, and worked in the convenience store used in the film.

The Padres have signed the same handicapped ball player 20 years in row so he doesn't lose his health insurance.

Tom Clancy's stories were so detailed, many assumed he was ex-military. In fact he never served. He wrote most of his stories in his spare time whilst working as an insurance salesman.

In a legal battle after the September 11th attacks, the leaseholder of the WTC claimed that he was owed double insurance payments, as each attack was a separate event, but lost in court, in which the jury decided it was actually one attack

For 2 years running, Allstate Insurance has declared Bostonians to be the worst drivers in the US.

Chinese insurance companies now offer insurance to protect individuals from being sued by elderly people they tried to help

The astronauts aboard Apollo 11 couldn't afford the life insurance policy for an astronaut, so they hatched an alternate plan. Prior to their mission, the three signed hundreds of autographs while under quarantine for their families to sell if anything were to happen to them.

The Padres have signed the same handicapped ball player 20 years in row so he doesn't lose his health insurance.

If you buy a Volvo through their Overseas Delivery Program, you will receive 2 free round-trip tickets to Sweden to test-drive your car (includes airport pickup/luxury hotel). Then you'll have 2 weeks to explore Europe in the car (they pay insurance). Volvo then ships your car to you for free

Jackie Chan and his stunt team are blacklisted by all insurance companies so he has to pay himself whenever somebody in his movies get hurt

A car crashed through the front window of the struggling Cape Cod Potato Chips store in 1980, almost hitting the owner’s daughter. The subsequent insurance payment and publicity from the accident helped tide the company over until the following summer, by which time business was booming.

Melvin Milligan, who in 2000, used the regular mail to send in his winning jackpot ticket and claim a $46 million prize. He did not use certified or insured mail. When asked to comment on this decision at his news conference, he stated "I have faith in the postal service."

Because Windows XP’s wallpaper was costlier than FedEx's insurance, Microsoft had to buy a plane ticket for the photographer to personally deliver it to Seattle

In Japan, avid golfers buy insurance to protect themselves on the course. They purchase it because if they get a hole-in-one, they have to buy gifts and drinks for their friends. The policy covers them for a party worth up to $3,000, for the low price of $65 a year.

62.1% of bankruptcies in the US are due to medical bills. Most medical debtors were well educated and middle class; three quarters had health insurance. Unaffordable medical bills and income shortfalls due to illness were common causes.

Christa McAuliffe was gifted with a $1 million life insurance policy a week before the Challenger disaster in honor of her being the first teacher in space.

Insurers infographics

insurers fact infographic about "Insure the car" she said... "Don't overpay" she said...
"Insure the car" she said... "Don't overpay" she said...

insurers fact infographic about Stock Price of Top 5 Health Care Insurers Since November 4,
Stock Price of Top 5 Health Care Insurers Since November 4, 2008