In place of life insurance, the astronauts who landed on the moon left behind autographed envelope covers that their loved ones could sell if they died in space. Half a century later, the so-called Apollo insurance covers produced for missions 11 through 16 are coveted collector's items, and actual liability insurance for space travel is a product slowly coming into its own.
Insuring space technology is now close to standard. In 2019, The Aerospace Corporation researchers Lindsay Chaney and Nicholas Hirano noted that in the prior year "roughly two-thirds of launched satellites globally carried some form of insurance." But insuring private space travelers is as new as, well, private space travel.
