What the Stars Insureby A. Montalbano on 02/25/14
Roll out the red carpet, its Oscar night once again. Fans cannot wait to get a glimpse of the elegant attire and the best films makers. But before the stars ever make it to the red carpet in their Vera Wang gowns splashed with sapphires and diamonds from head to toe, they require cost estimation of a finer asset. What do Tina Turner's shapely legs, America Ferrara's smile, and Daniel Craig's gorgeous body have in common? It is their very own natural human anatomy rather than acting ability that makes them insurable. Studios have a relatively high investment in Hollywood stars and their natural assets, thus, cannot forego leaving their valuable jewels unprotected. On the other hand, not only do studios fork out millions for these wonder stars, but include troubled stars in and out of rehab who cause heavy exposure. For this great bunch, higher premiums mean richer pocketbooks for the insurance companies.