A thing of beauty is a joy forever… hopefully
There have been many policies covering art and jewellery over the years - two interesting ones are below.
The Taylor-Burton diamondRichard Burton purchased the 69.42 carat, inch thick diamond from Cartier for $1.1m, making it the world’s most expensive diamond at the time. According to Burton, Taylor wanted the ring after he insulted her hands. ‘That insult last night is going to cost me,’ he wrote in his diary. ‘Betcha!’
Once Lloyd’s had insured the diamond, they specified that Taylor should wear it in public for only 30 days a year – and even then, be protected by security guards.