Skydiving claims have been paid
Not sure which company my friend was insured with but he had an iPhone in his back pocket when he went skydiving and got a new phone courtesy of his insurance policy (- a £25 excess).
The next day he remembered he had some location software running on it and thought he might be lucky and find it in the sofa or his car etc. Unfortunately the software showed the ride to altitude in glorious detail leading to a final fix at about 500ft above the ground but we never managed to find the phone. Not 100% sure what the terminal velocity of an iPhone is but i guess if it hit end / edge on it wouldn't leave much of a mark and would probably bury itself quite deep.