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President Barack Obama is expected to receive a warm welcome in Australia Wednesday, but just in case the reception is wilder than expected a firm has offered him insurance against crocodiles.Obama will be the fifth president to visit close ally Australia, and his flying two-day visit will take in the staid capital Canberra as well as the Northern Territory town of Darwin, in the heart of “Crocodile Dundee” country.Local firm TIO has snapped up the opportunity to insure the high-profile visitor, issuing a him with a Crocodile Attack Insurance policy which will pay out Aus$50,000 (US$50,870) if the president is fatally attacked by a reptile.
Originally posted by Liquesence
That's pretty funny, all right. Ridiculous was my first reaction.
My second reaction was this is an insurance company. Insurance companies make profit by charging premiums and then NOT having to pay claims. It's be safer to insure some rich cad against eye sucking leaches from outerspace than, say...complications from prolonged drinking of expensive wine or a fall from a penthouse balcony. 'Course, if Obama takes the insurance, then, uh...
What makes this even more ironic is he's in the town of Darwin.