TRIVIA TIME

How well do you know your insurance?

TRUE OR FALSE Starbucks (1)

TRUE!

Starbucks pays more for employee health insurance than it pays for coffee.

Starbucks CEO Howard Schultz began a company-wide turnaround that included cutting costs by laying off employees and closing stores nationwide, most of which had been open for less than two years.

However, even amid the cost-cutting Schultz refused to drop health care for his employees, a line item that tallies over $300 million, which is more than the company spends on coffee.

A shareholder called Schultz and said the crisis would provide him the perfect cover to cut benefits for part-time employees, but Schultz refused.

Fact taken from: https://brownandjoseph.com/blog/13-interesting-insurance-facts/ 

America Ferrera had her smile insured for $10,000,000.

TRUE!

America Ferrera had her smile insured for $10,000,000.

Actress America Ferrera had her smile, including her teeth and gums, insured by her sponsor, Aquafresh, for $10,000,000.

The policy covers “any reasonable and necessary dental treatment costs or expenses that result from accidental injury” during the term of her policy.

Fact taken from: https://brownandjoseph.com/blog/13-interesting-insurance-facts/

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