The term chain in this case usually refers to the measuring instrument rather than a unit of length; the distances measured with such an instrument are normally measured in feet (and usually decimal fractions of a foot, not inches).
Messages: 7,549. Likes Received: 4,600. For the record, Disney did try to sell lifetime passes at the Magic Kingdom the first year it was open (1971) called a Gold Pass for $100. This pass was said to be good for a lifetime and for any additional parks that they may add in the future.
At Disney World in Orlando, the company added several new options, including a $549 gold pass with 335 days of access. Disney is blocking out Christmas, New Year's, and the two weeks around the spring break travel season.