Brands like Gatorade, Nike, and AT&T dropped him by the middle of December, because let's face it nobody wants a sports drink that supports philandering. Whether it's for sex, drugs, or homicidal voicemails, a celebrity can become a persona non grata overnight. So now companies, who really are the victims, want to protect themselves with insurance.
Disgrace insurance is not a new type of insurance, but simply a new way of using a clause — "death, disability, and disgrace" — that's in nearly every insurance policy. While death and disgrace are cited in lawsuits every day, disgrace was rarely invoked until now. But why shouldn't it be? Isn't it one of the reasons betrayed spouses get so much bank in a divorce?