Yellow umbrella in a sea of black umbrellas. More so than in any other line of insurance, in the specialty world, there are experienced, seasoned claims professionals and adjusters with very in-depth knowledge of the subject matter. (Photo: Shutterstock)

For the majority, insurance is commonplace when it comes to protecting valuable interests and assets. Homes, cars, businesses — many examples come to mind.

But, how far do individuals and organizations go to protect any investments they can? Lottery insurance? Hole-in-one prize insurance? Multiple birth insurance? As these examples demonstrate, quite far, and it is the foundation underpinning what is known as specialty coverage.

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