When it comes to life insurance, Virgin Money is taking a bold step. They are launching a new policy that covers some truly outrageous scenarios. Imagine being attacked by a Dalek, run over by a rogue Transformer, or even caught in a Sharknado! Yes, you read that right. This policy aims to cover every possible eventuality, no matter how bizarre.
But wait, there’s more! Virgin Money is also offering coverage for being hit by a stray Martian death ray or even being devoured by the Loch Ness monster. And for all the ‘Ghostbusters’ fans out there, you’ll be glad to know that being crushed by a giant marshmallow man is also included.
Why This Matters
While these scenarios sound like something out of a movie, Virgin Money’s goal is serious. They want to draw attention to the fact that many people overlook the importance of life insurance. The company hopes that by presenting these outrageous situations, they can encourage people to think about the more likely risks they face in everyday life.
Darrell Evans, the Director of Virgin Money, explained, “This is a light-hearted attempt to highlight the importance of life insurance. Our sense of risk is often skewed. We tend to focus on unlikely events instead of planning for what could actually happen.”
The Reality Check
Evans pointed out an interesting fact: around 30 million lottery tickets are sold in the UK every Saturday. People are hopeful about winning, but the odds of winning are much lower than the chances of facing an unfortunate event on the way to buy that ticket.
A recent study revealed that only 23% of British adults have a life insurance policy, and this number drops to just 15% in London. This statistic shows a significant gap in financial planning among adults.
Evans added, “If Londoners found themselves in a fictional battle between Thor and Malekith, fewer than two in ten would have the right coverage. While it’s tough to think about, having life insurance is a crucial part of financial planning.”
What Does the Policy Cover?
Here’s a fun list of the wild scenarios Virgin Money will cover:
- Engulfed by a Sharknado
- Attacked by a 100 ft tall Stay Puft marshmallow man
- Dalek invasion
- Assault by a world terraforming engine (think Superman)
- Injury from being chased by a giant from a cloud-based castle
- Trampled by Godzilla
- Attack by a Decepticon (Transformers)
- Hit by a heat ray from Martian tripods
- Encounter with the Loch Ness monster
- Cursed by Lord Voldemort
Conclusion
While the scenarios may seem far-fetched, the underlying message is clear: life insurance is essential. Virgin Money’s quirky approach aims to spark conversations about the importance of being prepared for the unexpected.
So, whether you’re worried about a Sharknado or just want to ensure your family is protected, it’s time to consider a life insurance policy. Don’t wait until it’s too late!
FAQs
Life insurance is a contract that pays out a sum of money to beneficiaries upon the policyholder’s death.
Life insurance provides financial security for your loved ones in case of your untimely death.
The amount varies based on your financial situation, debts, and family needs.
There are several types, including term life, whole life, and universal life insurance.
You can apply online through Virgin Money’s website or contact their customer service for assistance.
