Unusual Insurance Policies To Consider
Insurance companies offer a variety of coverage options, and depending on your situation, it's possible to find a policy protecting you from all sorts of harm.
Body parts
It may sound weird, but it's possible to ensure just part of your body against harm. It's common practice for surgeons to insure their hands as significant damage could keep them from working and potentially end their career.
Wedding insurance
The average cost of a wedding is around $24,000. Many of the services you are paying for are booked far in advance, but life can be unpredictable. Wedding insurance protects your investment in your memorable day by protecting you against unknown catastrophes like a sudden storm or natural disaster that postpones the event.
Pet insurance
Pets are often considered part of the family, but they aren't covered by your health insurance. As they age, pets are more likely to need medical care or operations and pet insurance helps cover the cost. A recent trend is pet coverage in car insurance, which will cover medical costs to a family pet if they are hurt in a car accident.
Long-term care insurance
Plan to live to 100? Then you can take advantage of insurance policies that begin paying out after you reach 85. The money could be beneficial in covering home-based nursing care and medical bills, and the younger you are when you buy a policy, the less expensive it may be.
One to avoid
It's possible to get an insurance policy against alien abduction, but it's not necessarily one you should consider as it requires proof that the insured was abducted.
