You’ve probably seen the news that former Playboy model and Las Vegas burlesque show star Holly Madison just took out $1 million insurance policy on her breasts. But she’s not the first celebrity to place a monetary value on a physical asset. Here are a few other stars over the years who have taken out “interesting” insurance policies:
Going without health insurance puts you and your family at risk, both financially and physically. If you have to pay the entire cost of health care services, you might be less likely to see the doctor for routine checkups or for health problems. Those without access to a group insurance policy through an employer have the option of buying a family health insurance policy on their own. The key to finding the best policy at an affordable price is shopping around for several quotes.
A positive pregnancy test often causes joy and excitement, but an uninsured woman probably experiences stress and fear about affording the prenatal care and delivery. Even a complication-free vaginal delivery and prenatal care could cost you $20,000 or more; however, there are ways to lower the costs and assistance for uninsured pregnant women.
The purpose and need for life insurance doesn’t go away when couples split up. Life insurance can provide the resources to raise children when one or both parents die, and it can replace spousal support that a deceased ex would have paid to the lower-earning party in a divorce. Continuation of life insurance is often an element in court orders and settlement agreements in divorce proceedings.