Back when I wondered why insurance is legal, I talked about unusual insurance and noted that there was absolutely something to be written about alien abduction insurance. Well, reader Matthew Queen, who designs captive insurance solutions for a living, saved me the work.

After noting the frequency of the risk…

And the magnitude…

He concludes that it’s not likely to be a profitable line of business for an insurer…

So, so much for that alien abduction insurance start-up you were planning. Enjoy the weekend.

– By Tim Hanson

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