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Winemaker's Nose Insured for $8 Million

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Winemaker's Nose Insured for $8 Million

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Winemaker's Nose Insured for $8 Million

Winemaker's Nose Insured for $8 Million

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If Ilja Gort followed the old saying, and cut off his nose to spite his face, Lloyd's of London would not be happy. The company agreed to insure Gort's nose.

Gort is a winemaker. He says he can distinguish millions of different scents, and he can't work without that ability. So he took out a policy on the loss of his nose and, more important, his sense of smell.

Should anything happen, he is to be paid the equivalent of about $8 million.