Insurance Vending Machine

Flying in 1955 was much riskier and less commonplace. So vending machines for flight insurance were a fine way to capitalize on that.

Insurance Vending Machine
Automatic airline insurance vending machine in waiting room of United Airlines. (Getty/Carl Iwasaki)

Interesting Facts on Insurance

  • The Padres have signed the same player for 23 years so he doesn’t lose his health insurance.
  • No insurance company will underwrite Jackie Chan’s productions. That’s why Jackie Chan makes sure to personally train and pay for all the stuntmen who complete his fantastic feats on camera.
  • It’s thought that traders in China used to insure their boats in case of theft or loss at sea, and this is dating back as far as 3,000 BC!
  • America Ferrera had her smile insured for $10,000,000.
  • An insurance policy exists for death by excessive laughter at a movie theater. During the early 19th century, movie-goers were so scared of dying due to excessive laughter that they bought insurance through Lloyd’s of London.
  • The very first insurance contract was signed in 1347.
  • An insurance company offered a cash reward to anyone who could capture the Loch Ness monster. The insurance company agreed, under one condition: that it would get to keep Nessie.
  • Gene Simmons once insured his tongue for $1,000,000.
  • The phenomenon of insuring body parts started in 1920.
  • Alien abduction insurance has been available in the U.S. since 1987.  UFO Abduction Insurance Company in Altamont Springs, Florida, sells a $10,000,000 alien abduction policy. Interestingly, the company has actually paid claims and has sold more than 100,000 policies.
  • The word ‘insurance’ originally meant an ‘engagement to marry’.
  • ‘Hole-in-one’ insurance allows golfers to offer huge prizes to anyone who gets a hole-in-one.
  • The Great Fire of London spurred insurance forward.
  • It’s thought that Sony actually makes more money from its insurance division than it does from actively selling products!

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