Neil Armstrong’s Life Insurance Paid for by Creativity

Written by
September 17th, 2012

Most of us would think that a NASA Astronaut would make enough earnings to buy most anything they would want.  Not the case for Neil Armstrong. 

Prior to the departure of Apollo 11, Armstrong wanted to purchase Life Insurance to have his family financially protected should something go wrong with the mission.  In 1969 an astronaut was making roughly $17,000 annually.  Life Insurance at the time cost roughly $50,000 (over $300,000 in today’s dollars).  Armstrong became creative and spent time prior to departure signing hundreds of autographs.  These autographs were then mailed out on July 16, 1969 – date stamped for the mission’s success … or failure.  These autographs are now known as “Apollo Insurance Covers”.

While we cannot guarantee your autograph will make you millions of dollars, we can guarantee that we will work with you to determine the best Life Insurance policy that fits you and your family. Learn more about what Life Insurance opportunities R&R Insurance has to offer.


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