Archive for the ‘Liability Insurance’ Category

While watching the Oscars Sunday night, I couldn’t help but think “What if?” 

Hey, there’s a great movie to be made considering all of the potential risks and catastrophes that could happen.

Grab the gems!

First is the obvious – what if there is a BIG jewelry heist?  There’s over $400 million worth of jewelry worn by the stars, men included, at the annual Academy Awards ceremonies so what would happen if a major robbery occurred?

Actress and 2010 presenter Kate Winslet wore a pendant style necklace of emerald-cut white and yellow diamonds with matching earrings. They were on loan from Tiffany’s and estimated to be valued at more than $2.5 million.  WOW!  You can bet there was special jewelry insurance coverage on those gorgeous gems!

Tom Ford, a leading fashion designer whose tuxedos were worn by countless actors, sported as many diamonds as the ladies.  His shirt studs were each several carats worth of princess-cut diamonds.

Sound the alarms!

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