On Alien Abduction Insurance
Back when I wondered why insurance is legal, I talked about unusual insurance and noted that there was absolutely something to be written about alien abduction insurance. Well, reader Matthew Queen, who designs captive insurance solutions for a living, saved me the work.
After noting the frequency of the risk…
And the magnitude…
He concludes that it’s not likely to be a profitable line of business for an insurer…
So, so much for that alien abduction insurance start-up you were planning. Enjoy the weekend.
– By Tim Hanson
