The term Alien Abduction describes “subjectively real memories of being taken secret against one’s will by apparently nonhuman entities and subjected to complex physical and psychological procedures.”
Abductees claim that they have been warned against environmental abuse as well as the damages of nuclear weapons.
The first alleged alien abduction claim to be widely publicised was the Betty and Barry Hill abduction in 1961.
An Alien Abduction Insurance policy is redeemed if the insured person is abducted by aliens.
A policy normally costs around $150 per $1.5 million in coverage. Policy offerings vary from $10, 000 to $10 million. Some companies offer policies for alien pregnancy, alien examination and death caused by aliens
More recently the Alien Abduction Insurance Corporation has launched the idea of abduction insurance certificates as a unique gift for a lifetime premium and sell it at $9.95.
The very first company to offer UFO abduction insurance was the St. Lawrence Agency in Altamonte Springs, Florida. The company says that it has paid out at least two claims under Alien Abduction Insurance when two people claimed that they have been bitten by vampires (they were actually bitten by a bat).
The company pays the claimant $1 per year until their death or for 1 million years whichever comes first. Over 20, 000 people have purchased the insurance. The insurance is normally purchased by the “feeble-minded”, according to Burgess, a former Lloyds of London Underwriter. Prominent policyholders have included Shirley Maclaine and a Harvard University professor who has written on aliens. Owner of St. Lawrence Agency read Whitley Streiber’s true-life novel Communion in 1987 and learned about the threat of alien abductions.
With the help of international investors, he added UFO abduction insurance to his existing agency. The $10 million policies offer payment for medical coverage, including psychiatric care, in the event of a physical abduction by alien aircraft. They pay $20 million if the policyholder has an alien child or is eaten by aliens.
In fact, the business is so good that several other companies have entered the market. Policies offered range from $10, 000 to $10 million. Coverage varies from company to company. Smart shoppers will look for a company that has a good business record, a reasonable cost for coverage, and a wide range of benefits.
Heaven’s Gate Religious group purchased Alien Abduction Insurance from London Brokerage Goodfellow Rebecca Ingrams Pearson (GRIP) before committing a suicide. Just after this GRIP stopped issuing Alien Abduction Insurance Policies to their customers.
Heaven’s Gate Religious group purchased Alien Abduction Insurance from London Brokerage Goodfellow Rebecca Ingrams Pearson (GRIP) before committing suicide. Just after this issue, GRIP stopped issuing Alien Abduction Insurance Policies to their customers. Before this event, even they sold more than 4, 000 insurance policies of this type.
At a cost of roughly $155 a year, the GRIP policy would pay about $160, 000 to someone who could show that they had been abducted by a being who was not from Earth. The payment would double if the insured person was impregnated during the event. Men were also able to purchase the impregnation insurance for protection against the unknown capabilities of alien technology.