Celebrities and Their Unusual Insurance Policies
9. David Lee Roth:
David Lee Roth, the charismatic frontman of the rock band Van Halen, reportedly took out an insurance policy on his sperm for $1 million during the height of his fame in the 1980s. This unconventional insurance policy was not driven by a fear of physical harm or damage but rather a concern about potential paternity suits.
The policy was taken out with Lloyd's of London, a market that has a history of underwriting unusual and unique insurance policies. The policy was designed to cover any financial obligations that might arise from an unexpected paternity suit. In the event of such a suit, the policy would pay out $1 million, which could be used to cover any associated costs.
This move was seen as forward-thinking and demonstrated Roth's awareness of the potential risks associated with his lifestyle at the time. It also highlighted the lengths to which celebrities may go to protect their wealth and reputation.
In conclusion, David Lee Roth's decision to insure his sperm for $1 million is a testament to his foresight and understanding of the potential risks associated with his lifestyle during his heyday.
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