Plus, film insurance policies vary from broker to broker, so you’ll need to shop around a bit. What Does Film Insurance Cover?įilm productions are like fingerprints – no two are the same, so you’ll need an insurance policy that is tailored to fit your needs. You will want to pick the best production broker to get the best rates. It’s your job to choose the one that fits for your production’s needs. A good entertainment insurance broker can get you low film insurance deductibles with the best coverage.įilm production insurance is widely available by many different entertainment insurance brokers. Insurance covers you from liability civilly and criminally. Most production companies operate as a company business in the film industry. Add-on specialty policies: for productions that require special insurance policies, insuring everything from stunts to drones.Getting certificate of insurance (COI) from your insurance broker.Purchasing errors and omissions (EO) insurance.Insurance protection is important in the event of injury, sickness, or death to an artist. Getting cast coverage to reimburse extra expenses to finish principal photography.
Most rental houses won’t even talk to you without production insurance. It’s important to keep these items at the top of mind: For long-term coverage, you should look into annual production insurance. For a single feature film, you will want to look into short term film production insurance. Insurance provides a variety of coverage ranging from bodily injury to cast and crew to equipment coverage.
This will protect the film producers from millions of dollars in loss or damage. But every production will need to buy liability insurance to protect your production. In this phase, it’s easy to get caught up on locking your script, finalizing your budget, or casting your crew. We all know preparing for production is an essential part of every film production. Why is Film Insurance Essential? Film Insurance Film production insurance isn’t merely for the benefit of the production, but for everyone involved. If someone gets sick or injured, you’ll want to have coverage for that too. If something gets lost, broken, or stolen, you’ll want to be covered. The purpose of film production insurance is to protect production companies, entities, or other film-related projects from expensive liability claims. In order to protect your assets, your investors, cast, crew, equipment… everything, you need to have proper production insurance. Film insurance is a necessity in the filmmaking industry.
0 kommentar(er)
