Share with friends and circle of friends with wechat scan QR code < / P > < p > < p > Jeff Bezos, founder of Amazon, will take his first manned space suborbital flight in July with his blue origin company's spaceship. For insurance companies, the risk of putting the world's richest man on track is so high that they dare not insure him p> < p > < / P > < p > Figure 1: on May 9, 2019, Amazon founder and CEO Jeff Bezos showed the design of the lunar manned lander developed by his space company Blue origin at the opening ceremony in Washington, D.C. < p > < p > Bezos was a space enthusiast since childhood, He has been competing with Elon Musk and Richard Branson for the title of "the first billionaire to fly out of the earth's atmosphere.". At present, it seems that it is possible for him to achieve this goal in the first place p> < p > although insurance companies are known for insuring eccentric risk-taking behaviors at high prices, potential space accidents are not in their business scope. "Space tourism involves a lot of high-risk factors, but so far it is not an area of special concern for life insurance companies. After all, not many people have entered space," said Michael Barry, a spokesman for Insurance Information Research Institute (III) p> < p > insurance brokers and insurance companies say that the current market for satellites, rockets and unmanned space flight is about US $500 million, but there is no law requiring operators such as blue origin founded by Bezos to provide casualty insurance for passengers or require space tourists to take out life insurance p> "We haven't found anyone insuring space tourists yet," said Neil Stevens, senior vice president of aviation and space at marsh, the world's largest insurance broker p> < p > assuming that Bezos and other passengers aboard blue origin's new Shepard suborbital spacecraft are scheduled to launch on July 20, they will not only experience weightlessness for a few minutes in a truck sized capsule 62 miles (100 kilometers) above the earth's surface, but also be able to return safely p> < p > Figure 2: on April 5, 2017, at the 33rd space symposium held in springs, Colorado, USA, blue origin's new Shepard rocket booster appeared < / P > < p > since the 1960s, the only company that can provide suborbital flight on a regular basis is Branson's virgin galaxy. All of the company's spacecraft have been tested and failed in 2014, resulting in death. But blue origin has carried out 15 unmanned suborbital flights, all of which have been successful p> In fact, it's nothing new that people who go into space are not insured. Richard Parker, a spokesman for assured space, a subsidiary of amtrust financial, an insurance company that provides space insurance services, said that NASA and the United States generally do not buy liability insurance, and the cost of government launch is basically borne by taxpayers. A NASA spokesman replied in an email that NASA astronauts are eligible for government life insurance p> < p > Charles wetOn, space policy underwriting manager of global aerospace, an insurance company, said astronauts on government funded missions were carefully selected based on their knowledge, skills and physical fitness, and received several years of training before launch. They and their families are aware of the risks in the work they do p> However, weyton said that commercial space tourists may only receive a few days of suborbital flight training or a few months of international space station (ISS) flight training, "which means that insurance companies need to consider two different risk situations." p> < p > Blue origin said on its website that its passengers will receive training one day before launch, including mission and aircraft overview, safety briefing, mission simulation and in-flight activity guidance. Virgin Galactic said passengers will receive a three-day training and preparation before the launch p> < p > the insurance company expects that commercial space travel companies will offer exemption contracts to passengers, stating that they will not be held responsible if the passengers die in flight. NASA is calling on the insurance industry to establish an insurance mechanism for its privately funded international space station mission, including requiring private astronauts to buy life insurance p> < p > Tim rush, senior vice president of U.S. space business at Gallagher, an insurance brokerage, said that space tourism is still in its early stage, but then it may involve providing insurance for space tourists. He added that the life insurance market currently provides $2 million to $5 million in personal insurance for private astronauts p> Akiko HAMA, head of global aerospace space and aviation underwriting customers, said that the only compulsory insurance for commercial space operators is third-party liability insurance, which mainly covers property damage of aircraft on earth or in flight p> < p > insurance companies and brokers said that a key issue for the development of the industry is whether the risks related to space tourism belong to space insurance or aviation insurance. They said that the United Nations outer space treaty and the 1972 Liability Convention cover all space activities, and few countries have introduced a legal framework for commercial manned space flight p> The first aviation insurance policy was signed by Lloyd's of London in 1911. A few years later, an insurance company offered $18000 in insurance for Charles Lindbergh and his single engine direct flights from the United States to Europe p> Space travel is different from air travel because passengers will return to where they were launched, said Stevens, vice president of Dasein. Technically speaking, this is a domestic trip, so it is not applicable to the international aviation insurance principle. Stevens also said: "aviation, aircraft insurance and other markets are not so keen to take risks involving spacecraft. Whether space tourism belongs to aviation insurance or space insurance is a big issue of millions of dollars." p> < p > although air travel is subject to airline liability regulations in the event of passenger death, Stevens said he did not know that space tourism has similar regulations. However, Mr Wheaton said global aerospace had begun to receive inquiries from the company about insurance coverage for suborbital missions p> "In 10 years, maybe the two fields of aviation and space will look very similar," said Parker of assured space. Some local legislatures will say, "now ordinary people can take these launch vehicles into and out of space. We need to protect them."(Small) < / P > < p >