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June 2004


£1M Hair Chest Cover

For those men concerned about their manliness they can now take out £1m worth of insurance - on their chest hair. 

Lloyds of London has come up with the policy after an unnamed celebrity approached them.

£1M Hair Chest Cover

But there are restrictions and hairy chested men should read the small print. 

It provides men with cover of up to £1m for permanent loss of chest hair caused by accident. 

But it does not cover loss though illness or hair which simply falls out, The Daily Telegraph said. 

Usual omissions such as loss through war, invasion or revolution are not covered neither are hunting on horseback or hang-gliding. 

Fire-eaters are also excluded. 

Claimants must prove loss of 85% of chest hair verified by two independent experts. 

The cover was drawn up by Jonathan Thomas, of Lloyd's managing agency Creechurch, which last year insured the taste buds of Angela Mount, the senior wine taster at Somerfield supermarkets for £10m. 

Mr Thomas told the newspaper: "It is the oddest I can remember."