So if red bull had an experimental exhibition policy on both 182s for the proposed flight and an insurance company wrote the policy they would pay the claim.
I have a different perspective: The pilot planned to (and did) deliberately abandon the airplane in flight for zero safety reason. I'm sure that there are words somewhere in the policy that state a requirement to maintain control of an airworthy airplane. If the pilot could argue that [somehow] the airplane became completely unflyable, and abandoning it was the only safe thing to do, they'd pay. But this wasn't that!