£1million cover for a hairy chest

Lloyd's of London is offering men insurance cover of up to £1 million for the accidental loss of chest hair.

The policy was drawn up by Jonathan Thomas, of Lloyd's managing agency Creechurch, after a call from the agent of an unnamed celebrity.

He said: "It is the oddest I can remember. It is for performers who require the impression of manliness." Loss through illness or hair falling out is not covered.