Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Is it legal to take advantage of woo-believers?
The sceanrio below got me thinking. Would it be possible to sell insurance against things that don't exist?
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Is it legal to take advantage of woo-believers? (Original Post)
DetlefK
Jan 2015
OP
Expat in Korea
(119 posts)1. Turns out...
2. In 2001 a "Captain Beaney" insured himself against abduction, impregnation and consumption by aliens for £1m.
...
4. In 1999 Mary Muphy insured herself against an immaculate conception in the year 2000. Insured amount £1m.
5. In 2002 the Royal Falcon Hotel in Lowestoft insured its staff and customers against death and disability occasioned by poltergeist or other abnormal phenomena. The sum insured was £1m.
http://www.telegraph.co.uk/finance/personalfinance/insurance/specialrisks/4973025/Third-party-fire-and-alien-abduction-Ten-more-weird-insurance-policies.html
...
4. In 1999 Mary Muphy insured herself against an immaculate conception in the year 2000. Insured amount £1m.
5. In 2002 the Royal Falcon Hotel in Lowestoft insured its staff and customers against death and disability occasioned by poltergeist or other abnormal phenomena. The sum insured was £1m.
http://www.telegraph.co.uk/finance/personalfinance/insurance/specialrisks/4973025/Third-party-fire-and-alien-abduction-Ten-more-weird-insurance-policies.html
bvf
(6,604 posts)2. Isn't that what indulgences were all about
back in the day?
Or was that more a matter of paying up front for "offenses" already committed to get one's ass out of purgatory more quickly?
Either way, there's still one born every minute.
AlbertCat
(17,505 posts)3. Isn't that what indulgences were all about
Isn't that what religion is all about?????
HuckleB
(35,773 posts)4. It's legal to sell worthless crap under the same pretenses, so why should this be illegal?