Lance Ewing, a former president of the Risk and Insurance Management Society Inc., told the Canadian Underwriter magazine that extraterrestrial coverage may fall under one or more existing coverage lines.
If an alien encounter or invasion were to be called an "act of God", "Insurers could deny coverage based on" force majeure ", language of exclusion.
Can a foreign invasion be defined as an "act of war", or even terrorism, which can involve the reinsurance law on terrorism? “Someone with authority with a wage cost greater than mine would have to make that decision about what the actual act was. And [whether] that decision … would trigger the policy, and we can argue in court forever, "said Ewing. Home insurance may also be involved if the visit is personal. doubtful. "I do not know how to hostage and negotiate with a foreigner," said Ewing. "I have never done that, but does the K&R policy apply to it? … I think it does. "
Mr. Ewing said that an American insurance company actually sells insurance that covers the abduction of foreigners for a one-time payment of $ 24.95 with limits of $ 1