Why wouldn't the insurance underwriters offer such as a rider or even separate group policy?
Discussion
I'm not convinced that there is an insurance policy in relation to the financial losses of jury duty. The question comes up how to underwrite such a risk, how would it be priced, and what type of documentation can be supported to an insurance carrier of the financial loss? This is not a common exposure but you raise a valid point. I am intrigued.
Well, the victim would present whatever his proof of income was for some recent preceeding period. Subtract from that whatever the gangsterment pays them for jury duty: that's the loss.
What do you think your underwriter would say, if you said, "I have an idea for a rider to market to political organisation members, such as #Libertarian Party, #GOP, #AARP, et cetera..."?🤔
It's not up to one underwriter for such a product. It would have to come from an insurer who's done the heavy lifting with their actuary of assessing the exposure. You present a very interesting concept.
Another marketing channel might be sending an ad to those chosen by the clerk for that jury duty purgatory.
That must be somehow publicly known in your system and involve advanced notice of at least a few weeks, right?
So, they get an ad during that notice period that insurance is available in case of their being selected for jury.
There must be some public data in such a system regarding what the chances are of being selected, no?
Doesn't seem difficult to calculate risk, and target those affected or willing to be on juries, if they can be protected from losses.
I heard Americans suggesting to each other that claiming "financial hardship" is a good way to avoid jury duty.