Camels have long been valued in the Middle East for their use as transportation and as beasts of burden. Now, the Iranian government is extending insurance coverage for dromedaries in the southwest province of Khuzestan, insuring them against earthquakes, thunder, snake bites, floods and collisions with vehicles.
The plan calls for premiums to be split between the insured and the government, with greater premiums and payouts for mature animals.
There are a reported 7,000 camels in the Khuzestan province.
Was this article valuable?
Here are more articles you may enjoy.
Kansas Man Sentenced to Probation for Insurance Fraud 
Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup 
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization 
Aon Extends Employment Agreement With CEO Case 
