Who Insures Santa Claus?

Lloyds of London, the specialist insurer, was the first to issue a policy covering Santa Claus.  This isn’t a policy for Santa in the mall…the real deal.  Proof for any non-believers out there!  According to Lloyds, “The personal accident policy covers Mr. Claus until the 25th of December in the event of accident and illness, in the run up to, and during his worldwide travels to deliver presents to good children.”

And here are some other interesting tidbits to share with family and friends this season:

$23,439.38 ...Today’s cost to buy your “true love” all the gifts in the 12 Days of Christmas.  Moreover, Insurance Journal estimates that it would cost 20 times as much to insure ($465,000/year for the insurance for livestock mortality, equipment breakdown, inland cargo, workers’ compensation and a special policy for all the golden rings.

$447 billion and 12.9 billion hours…Money and Time Americans are expected to spend shopping, wrapping and returning gifts (that is 42 hours and $688.87 for each of us.)

1.5 billion …Number of cards mailed out every holiday season (a 400 million drop since 2004 thanks to competitoin from the world wide web).

$1.018 billion…U.S. imports of Christmas tree ornaments and artificial trees from China alone (the lead importer on these items).

All of us at Sean Paul Insurance wish you a happy and safe holiday season!

Join the Discussion