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[i] For Apollo 11, the Travelers Insurance Co, of Hartford, Conn. approached the astronaut office offering to provide their insurance, with the premiums being paid for by two Houston firms, the Austral Oil Company and the Cullen Central Bank. According to Earl Bells, a manager at Travelers' Houston office who set up the Apollo 11 insurance policy, Neil Armstrong forbade any publicity about this deal. According to Bell this lack of publicity made it very difficult to find anyone to pay for the Apollo 12 insurance premiums, but in the end a group of businessmen finally paid for $50,000 premiums for each astronaut (equivalent to roughly $300k today).[/i]
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