is there lottery insurance ?
Discussion
with tonights EuroMillions draw at £85M, about 50% of our factory have gone into one big syndicate and got lucky dips for the draw
if they win, then come Monday morning we wouldn't be able to continue the business without some extreme restructuring
is there such a thing as a lottery insurance, where you can cover the company in case loads of employees have a big win ?
(too late for tonight, i know. But there will always be more chances for the win !)
if they win, then come Monday morning we wouldn't be able to continue the business without some extreme restructuring
is there such a thing as a lottery insurance, where you can cover the company in case loads of employees have a big win ?
(too late for tonight, i know. But there will always be more chances for the win !)
yes you can buy lottery syndicate insurance. It covers the cost of hiring new staff if yours leave! www.worldwidespecialrisks.co.uk/contact-us
Bet on the same number they do, with your company own money/ticket.JustinP1 said:
Approximate chances of winning the lottery - 13m to one.
Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
And the chances of the entire workforce dying in an accident all at once?Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
selwonk said:
JustinP1 said:
Approximate chances of winning the lottery - 13m to one.
Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
And the chances of the entire workforce dying in an accident all at once?Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
cazzer said:
Man-At-Arms said:
Blib said:
Did they win?
nah, more chances of platting fog !But someone does. Pretty much every week.
JustinP1 said:
selwonk said:
JustinP1 said:
Approximate chances of winning the lottery - 13m to one.
Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
And the chances of the entire workforce dying in an accident all at once?Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
selwonk said:
JustinP1 said:
selwonk said:
JustinP1 said:
Approximate chances of winning the lottery - 13m to one.
Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
And the chances of the entire workforce dying in an accident all at once?Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
But, still such a long shot that it is not worth insuring for as you as the MD are more likely to die than the whole office.
JustinP1 said:
Approximate chances of winning the lottery - 13m to one.
Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
You have more chance being murdered this week than winning the lottery jackpot.Approximate chances of being dead within 24 hours due to accident - 1m to one.
If you don't have insurance which to cover the staff cost due to them dying in an accident, then you don't need it for the lottery.
True.
If your employees had a regular syndicate could you not just subtly find out what numbers the syndicate play (if they play the same every week) and play the exact same numbers. Then if you win, assuming that you are both the only jackpot winners, you'll get half the prize and they might not be able to afford to retire, as you'll have got half the jackpot!
Edited by 10JH on Thursday 4th November 20:17
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