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A Darwin, Australia-based insurer has issued a crocodile attack insurance policy to cover U.S. President Barack Obama during his two-day trip to the continent this week.
President Obama, only the fifth U.S. president to visit Australia, will visit the national capital of Canberra as well as Darwin, the capital of the Northern Territory.
The local insurance firm, Territory Insurance Office, said it hopes to present a framed copy of the policy, which features a threatening crocodile image, to the president during his visit to Darwin.
“It’s a unique product for a unique environment and we’re excited to be issuing one of these policies for Obama as a memento of his time in the territory,” Richard Harding, the insurer’s CEO, said in a statement.
The insurer has offered the crocodile coverage for more than 20 years in Australia, where saltwater crocodile attacks kill two people a year on average. “Salties,” as they are known locally, are the largest of all living reptiles and can grow up to 23 feet long and weigh more than a ton.
In the unlikely event that the president were to be attacked and killed by a crocodile, the policy would pay out $50,000 Australian ($51,400).
They’re the kind of stowaway nobody wants to confront under any circumstances.