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Being an astronaut is a dangerous gig. Being rocketed into space, orbiting the globe for a bit and eventually reentering Earth’s atmosphere is, well, intense to say the least.

That’s why during the early days of NASA’s Apollo space program, astronauts couldn’t qualify for life insurance. The cost of life insurance was way, way too high. But the astronauts knew their families would need financial support if they didn’t return.

But the folks who work at NASA are pretty smart, and the workaround they invented is pure genius.

Each of the astronauts signed postcards, called “Insurance Covers,” that would be extremely valuable if the astronauts didn’t return to Earth alive. In lieu of life insurance, their families could sell these documents to cover expenses.

Pretty clever, huh?

Check out a few photos here.

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Woman Eats Chicken Nuggets for 15 Years

by Robert on January 26, 2012

Looking for a tasty way to destroy your health? Here it is: 17-year-old Stacy Irvine of Britain has eaten a largely chicken nugget-only diet for 15 years. Since the age of two, chicken nuggets have been her staple food.

Other than a piece of toast for breakfast and potato chips on occasion, she follows a strict nugget-only regimen.  She enjoys fast food nuggets as well as the supermarket variety.

Not surprisingly, she suffers from anemia, swollen veins in her tongue and other health problems. Doctors say she could die if her diet doesn’t improve.

I”ll go out on a limb and say that a chicken nugget addiction to this degree makes it nearly impossible for find affordable life insurance rates, but that’s only a guess.

By the way, if she dips her nuggets them in ketchup, does that count as a vegetable? (Yes, I know the tomato is technically a fruit, but come on…)

Check out the full story, posted today in The Sun.

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Sonic’s Insurance Commercial Debut

January 26, 2012

Share As a video gamer who grew up in the early 90s, Sonic the Hedgehog was my childhood hero. My Sega Genesis was my most cherished possession. So the when I heard Sonic’s “Invincibility” theme on television the other night, feelings of nostalgia flooded my consciousness. My inner child smiled. There he was: Sonic the [...]

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Do you Have Unclaimed Life Insurance?

January 25, 2012

ShareEach day on this blog I harp about the importance of protecting your loved ones with life insurance. What happens, though, when beneficiaries don’t collect on the policy? Hundreds of millions of dollars in unclaimed life insurance benefits are floating around. Sometimes the beneficiary doesn’t realize he or she is owed money and can’t be tracked [...]

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When Life Insurance Isn’t Worth It

January 24, 2012

ShareReaders, be warned. The statement you’re about to read is going to seem grossly out of place on an insurance blog, but here goes: Life insurance is NOT always worth the cost. There, I said it. But keep reading—there are plenty of ifs and buts. In a piece posted yesterday on FoxBusiness.com, Matt Rowles, director [...]

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It’s Chinese New Year – Time for Life Insurance?

January 23, 2012

ShareToday is Chinese New Year, and 2012 is a particularly awesome year: The Year of the Water Dragon (Black Dragon)! Just like January 1st here in the United States, the Lunar New Year is a major holiday in China and East Asia. In the Chinese calendar, the year is 4709. A new year is a [...]

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Does the Rat Race Aid Longevity? – Continued

January 20, 2012

ShareYesterday I adroitly remarked on the modern-day rat race, its impact on human longevity and, much to my own pleasure, even managed to sneak in a totally relevant reference to life insurance costs. I mentioned economist Todd Buchholz’s most recent book, “Rush: Why You Need and Love the Rat Race.” A controversial topic to say [...]

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Does the Rat Race Aid Longevity?

January 19, 2012

ShareThink retiring early is the secret to living a long and healthy life? Think again. A growing number of studies show that people who work longer hours and retire later in life are healthier and more alert longer than early retirees. Two researchers, Leslie Martin and Howard Friedman, analyzed data from a 90-year-old study following [...]

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SOPA Blackout Got You Down?

January 18, 2012

ShareIt’s official: The SOPA blackout is upon us. Wikipedia, Craigslist, Reddit and a number of other websites have gone dark in protest of two anti-piracy laws—SOPA (Stop Online Piracy Act) and PIPA (Protect IP Act) currently being debated in Congress. Google has also blacked out its logo as an act of opposition, but users can [...]

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Study: It Takes 7 Tries to Stop Smoking

January 17, 2012

ShareHaving trouble kicking the habit? You’re not alone. A recent study from Nicorette found that it takes the average smoker five years and seven attempts before he or she quits for good. Beyond the obvious health benefits—improved blood circulation and lung function, cardiovascular benefits, etc.—ditching cigarettes helps your pocketbook, too. The average cost of a [...]

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