Can you insure a limb?

You’ve probably heard of singers insuring their vocal cords, athletes covering their arms and legs, and supermodels insuring facial features. If you’ve been wondering whether you can insure a body part, the answer is yes. But it isn’t through your typical insurance company, nor is it a standard policy.

What does insuring your legs mean?

It’s meant to save a person who would otherwise literally go under if they had that damage or that loss,” she says. “For celebrities, it’s really unnecessary because they’re generally not being insured for amounts they couldn’t cover.”

Who has insurance on their legs?

Betty Grable Started It All – The 1940’s Film Star Insured Her Legs for a Cool $1 Million…

Do athletes insure their body parts?

Generally, sports disability insurance covers the entire body, whether teams are paying (as happens when a player has a guaranteed contract) or when athletes pay themselves.

What is meant by insurance of body parts?

Body part Insurance is usually taken and issued to celebrities who stand to lose from damage or injury to their body part and this policy indemnify the business loss to a celebrity for that part of their body or talent that is important for their business.

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Did Beckham insure his legs?

According to Investopedia, David Beckham took out an insurance policy on his own legs in 2006. The policy was worth the equivalent of $195 million in American dollars. At the time, it represented the biggest sports-related insurance policy taken out in history.

Why do models insure their legs?

Insuring a specific body part seems like something celebrities do to get into the news. But this type of policy makes sense to the people who can afford to buy it. The purpose of body part coverage is to supplement lost income if a body part is damaged, injured, scarred, handicapped, or lost.

Does Ronaldo have insurance on his leg?

Cristiano Ronaldo – £90 Million Legs

At the time, the £80 million transfer fee set a new world record, but Real also went one better by insuring Ronaldo’s legs for a whopping £90 million.

How much is a leg worth insurance?

Why is a thumb worth more than a finger?

Body part lost Compensation
Arm $124,800
Leg $115,200
Hand $97,600
Foot $82,000

What body parts do celebrities insure?

10 Celebrities Who Have Insured Body Parts

  • 3 Cristiano Ronaldo – Legs.
  • 4 Miley Cyrus – Tongue. …
  • 5 Troy Polamalu – Hair. …
  • 6 Keith Richards – Hands. …
  • 7 Mariah Carey – Voice. …
  • 8 Julia Roberts – Smile. …
  • 9 Tom Jones – Chest Hair. …
  • 10 Rihanna – Legs. …

What is the most expensive body part in the world?

The biggest-ticket organ you can legally sell in the U.S. is your heart: They’re going for a cool $1 million. Livers come in second, worth about $557,000 and kidneys fetch about $262,000 each.

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What body parts can you insure?

10 expensively insured body parts

  • Heidi Klum’s legs – $2 million. …
  • America Ferrera’s smile – $10million. …
  • Keith Richard’s hands – $1.6 million. …
  • Ilja Gort’s nose – $5.58 million. …
  • Gennaro Pelliccia’s taste buds – $13.3 million. …
  • David Beckham’s legs (and face) – $195 million. …
  • Cristiano Ronaldo’s legs – $144 million.
With confidence in life