Santa could cost millions in insurance

Insurance brokers have predicted Santa's insurance cost of 27 million pounds.

Towergate Insurance brokers believe that the legendary figure of Western culture could cost around 27 million pounds to insure, as he holds great responsibility in journeying around the UK on Christmas Eve, eating mince pies and delivering toys and gifts to the nation.

According to the brokers, Mr. Claus would need at least nine insurance policies to support his ways including Non-Standard Home insurance, Goods in transit, public liability, and Reindeer's vet's insurance to ensure his helpers are in good health as they sport him round on the sleigh.

Drew Wotherspoon of Towergate said: "Being Father Christmas is clearly a risky role and we've drawn upon our years of expertise and knowledge to estimate the kind of policies he'd need if such a role did exist. We love creating flexible policies for the more unique individuals and businesses out there, and if we were ever asked to insure the real Father Christmas, his advanced age, speedy delivery schedule, high value gifts and chimney and roof hopping activities all need to be accounted for."

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