One of the weirdest things celebrities in the United States ever insured is their body parts. Celebrity insurance policy is gradually becoming popular. This is because of the value they place on their legs, hair, tongue, etc.
In this article, we will answer the question of whether celebrities can insure their body parts, the most expensive insured body parts, why celebrities insure parts of their body, and how to get an affordable celebrity insurance policy.
Why Do Celebrities Insure Body Parts For Outrageous Fees?
Why do celebrities purchase insurance? They do it to protect themselves against unforeseen financial losses.
Others may rely on their certificates or skills they acquired over the years if they encounter an accident that leaves them incapacitated but for Hollywood celebrities and sports stars, there’s an aspect of their body parts if affected can hinder them from earning for life.
To help protect themselves from any form of financial losses, superstars purchase different celebrity insurance policies.
Celebrity insurance is known as the most extravagant insurance policy in the world and you will see why by the time you see how much they insured their body parts.
3 Most Famous Celebrity Insurance
1. Mariah Carey’s Legs
INSURED BODY PARTS
Legs: $1 Billion insurance policy
Voice: $35 Million
Are Mariah Carey’s body parts really worth over a billion dollars? The answer is yes.
In 2006, Mariah Carey received, “Legs of a Goddess” award from Gillette. This made her become the face of all Gillette campaigns at the time.
To help her protect her assets forever, this 5 time Grammy Award winner took out a $1 billion celebrity insurance policy on her legs.
Mariah Carey, singer of Sweet Sweet Fantasy also took insurance of $35 million to protect her voice for the rest of her life should anything go wrong.
TMZ report has it that she pays monthly insurance premiums running in thousands of dollars to keep the policy active. This is how insurance companies make their money.
2. Miley Cyrus’s Tongue
INSURED BODY PART
Tongue: $1 Million
Miley Ray Cyrus is an American singer, songwriter, and actress. She has distinguished herself with an outstanding raspy voice and her music incorporates elements of varied styles.
Nashville, Tennessee-based American singer became popular in her music and acting after portraying the title character in the Disney Channel television series, Hannah Montana.
As fame and fortune began to come, she was no longer comfortable taking photos without sticking out her tongue. And as such, photographers began to associate it with her brand.
To help protect what has further enhanced her uniqueness, in 2013, she took out an impressive celebrity insurance coverage for her tongue to the tune of $1 million.
3. Taylor Swift’s Legs Celebrity Insurance
INSURED BODY PART
Legs: $40 Million
Are Taylor Swift’s Legs really worth $40 million? The answer is yes.
In 2015, the National Enquirer rumored that TaylorSwift had insured her legs for $40 million. That’s $20 million per leg. Short-term disability insurance may not cover this.
With an estimated worth of over $320 million, a huge part of which comes from her high-energy, dance-filled live concerts, it won’t be a bad deal to have insured her body parts for $40 million.