5 Insurance Jokes

The GI Insurance

Airman Jones was assigned to the induction center, where he advised new recruits about their government benefits, especially their GI insurance.

It wasn't long before Captain Smith noticed that Airman Jones had almost a 100% record for insurance sales, which had never happened before. Rather than ask about this, the Captain stood in the back of the room and listened to Jones's sales pitch.

Jones explained the basics of the GI Insurance to the new recruits, and then said: "If you have GI Insurance and go into battle and are killed, the government has to pay $200,000 to your beneficiaries. If you don't have GI insurance, and you go into battle and get killed, the government only has to pay a maximum of $6000."

"Now," he concluded, "which bunch do you think they are going to send into battle first?"


Jim´s barn burned down. Julie, his wife, called the insurance company and said, "We had that barn insured for fifty thousand and I want my money."

"Whoa there, just a minute, Julie, it doesn´t work like that. We will assess the value of the building and provide you with a new one of comparable worth." the agent replied.

Julie, after a pause, said, "Well, in that case, I´d like to cancel the policy on my husband."

Rare Cigars

A Charlotte, North Carolina man, having purchased a case of rare, very expensive cigars, insured them against .... get this .... fire. Within a month, having smoked his entire stockpile of fabulous cigars, and having yet to make a single premium payment on the policy, the man filed a claim against the insurance company. In his claim, the man stated that he had lost the cigars in "a series of small fires." The insurance company refused to pay, citing the obvious reason that the man had consumed the cigars in a normal fashion. The man sued ... and won!! In delivering his ruling, the judge stated that since the man held a policy from the company in which it had warranted that the cigars were insurable, and also guaranteed that it would insure the cigars against fire, without defining what it considered to be "unacceptable fire," it was obligated to compensate the insured for his loss. Rather than endure a lengthy and costly appeal process, the insurance company accepted the judge's ruling and paid the man $15,000 for the rare cigars he lost in "the fires." After the man cashed his check, however, the insurance company had him arrested... on 24 counts of arson! With his own insurance claim and testimony from the previous case being used as evidence against him, the man was convicted of intentionally burning the rare cigars and sentenced to 24 consecutive one year terms.

Sleeping In The Barn

An insurance salesman, risk manager and a safety director are traveling in the countryside. Weary, they stop at a small country inn. "I only have two rooms, so one of you will have to sleep in the barn," the innkeeper says.

The safety director volunteers to sleep in the barn, goes outside, and the others go to bed.

In a short time they´re awakened by a knock. It´s the safety director, who says, "There´s a cow in that barn. I´m a Hindu, and it would offend my beliefs to sleep next to a sacred animal."

The risk manager says that, OK, he´ll sleep in the barn.

The others go back to bed, but soon are awakened by another knock.

It´s the risk manager who says, "There´s a pig in the barn. I´m Jewish, and cannot sleep next to an unclean animal."

So the insurance salesman is sent to the barn.

It´s getting late, the others are very tired and soon fall asleep.

But they´re awakened by an even louder knocking. They open the door and are surprised by what they see: It´s the cow and the pig!

Two Elderly Men in Florida

Two elderly men were sunning themselves on a Miami Beach when they started a friendly conversation.

"I was able to move here to retire in Miami after my business burned to the ground," the one man said.

"The insurance payment sure came in handy."

The other replied, "I'm here living from an insurance claim when my factory was flooded out."

The first man pondered for a few seconds and then asked, "How do you start a flood?"

Related Collections

Accountant jokes - Accounting jokes - Bank jokes - Business jokes - Calculation jokes - Check jokes - Customer jokes - Money jokes - Payment jokes - Price jokes - Tax jokes - Trade jokes