12-09-2006 12:00
TV stars Ant and Dec have taken out a massive life insurance policy on each other's lives - meaning that either of them will get a multi-million pound payout if the other one dies.
The much-loved presenters, best known for fronting hit shows like 'I'm A Celebrity... Get Me Out Of Here' and 'Saturday Night Takeaway', have taken out the measure to safeguard their careers.
The precaution ensures the surviving member of the pair - who have worked together since the late 80s and have a joint deal with ITV and their production company - will receive at least £2 million.
Dec said: "We have people who look after that. If he kicks the bucket I get a massive payout."
Jonathan French from the British Association for Insurers said: "Essentially Ant and Dec are business partners, so it's not unusual for these arrangements to be put in place. It will be a high value insurance policy."
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