Insurance Against Nessie’s Intervention?

From Insurance Journal:

FirstGroup, the UK-based, organizers of the forthcoming “First Monster Duathlon,” are taking no chances that the event, which will take place around the shores of Scotland’s storied Loch Ness, will be interrupted by the legendary monster.

The UK’s largest surface transport operator announced that they’ve arranged for £1 million ($1.98 million) of coverage from Royal and Sun Alliance, which will pay off “in the event of an attack by or proven sighting of the Loch Ness Monster” during the 120km (77 mile) team duathlon scheduled for Sunday Sept. 2.

Um….okay….

Actually, there’s a very bizarre part of me that would find it very entertaining to prepare an equivalent product (coverage for event interruption due to Sasquatch, perhaps?) and try to obtain the necessary regulatory approvals to market it in the U.S. If done on a Excess/Surplus lines basis, it probably wouldn’t be a challenge. However, I can only begin to imagine the exchanges that would occur if such a program were submitted in a prior approval filing.