Most commercial satellites are insured in case something happens on launch. Although the Ariane 5 is a fairly reliable rocket, a launch failure is not out of the question.

While other questions have said that if the JWST fails to deploy it's basically SOL and I would assume uninsurable, rocket launches are regularly insured. Is the JWST insured against the failure of the Ariane 5?

Most commercial satellites are insured in case something bad happens on launch. Although the Ariane 5 is a fairly reliable rocket, a launch failure is not out of the question.

While other questions have said that if the JWST fails to deploy it's basically SOL ("Sadly Out of Luck") and I would assume uninsurable, rocket launches are regularly insured. Is the JWST insured against the failure of the Ariane 5?

For more info see:

• Wired, 31 March 2017: Yup, Rockets Need Insurance, Too. But Way More Than the Feds Think

• Reuters, 31 July 2019: Space insurance costs to rocket after satellite crash

• Wikipedia: Satellite insurance

• Observer.com, 20 September 2019: A Closer Look at Rocket Insurance, a Peculiar Branch of the Space Industry