Posts Tagged ‘business insurance’

Have you started a small business that you run from your living room?  Maybe you are a photographer, or pet groomer. What about cosmetic sales? Do you know what coverages are needed even for the small picture framing business? Most homeowners companies will not cover a loss for the business materials that you have on site for your small business. Some insurance companies might even drop your policy all together if they knew about the taxidermy company that you are running. There are some options for your company that can be affordable, depending on the business you have decided to start.

 What do I need??

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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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