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Obama to get crocodile insurance in Australia

CANBERRA, Australia -- You won't find THAT policy in the U.S. health care law.

When President Barack Obama visits Australia's Northern Territory Thursday, he will be presented with insurance coverage against attack -- crocodile attack.

The territory's chief minister, Paul Henderson, said he will give Obama the unusual policy when the president arrives in the remote tropical city of Darwin.

Darwin is the capital of the Northern Territory which boasts the largest crocodile numbers in Australia. The local TIO insurance company offers a 50,000 Australian dollar ($51,000 U.S.) insurance policy against crocodile attack within the region. The novelty certificates, at a price of 10 Australian dollars, make popular souvenirs among tourists.

"We've got the crocodile insurance ready to go for Michelle and the kids -- 50 grand if the president does get taken," Henderson told Sky TV. "We don't think that's going to happen, but it should provide a little bit of reassurance."

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