Academy Awards : When you see a beautiful diamond earrings or gold chains amazing, I do not think it is just out in the air for all to see without the cover. According to KABC, most of the jewelry that lead to the Kodak Theater this night is covered by insurance policies.
They can be as simple as a ways to go missing or series that is separated, either scenario cost millions to replace and can cause confusion. This is why there is tight security around the Kodak Theater and all the jewel that is worth thousands of faithful. Jewels, usually on loan, insured by a separate piece, and need to be returned immediately after the ceremony.
So exactly how much is the value of jewelry with which he walks on the red carpet? In the tens of millions of dollars.
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