Film and Television Producers Package Insurance Policy

Film and Television Producers Package Insurance is an insurance package specifically designed to meet the needs of those working in the Film, Television & Entertainment Industries.

This Policy is intended to provide a packaged insurance solution for producers engaged in film and television production like Motion Picture or Television Production, or a Series of Television Episodes, or any other production on film or tape, comprising of cast, props and sets, film, equipment, money and liability exposure.

This policy covers the following sections, one or more of which can be chosen by the client depending upon the requirement.

Section 1 - Extended Pre Production Cast Insurance
Provides coverage against net loss of extra expenses incurred due to death, injury or sickness or Kidnap of any person designated for insurance under this section, and preventing them from commencing or completing their respective duties or performances or from commencing Principal Photography during the extended pre production period
Limit : Upto any one accident and Any one year as stated in the declaration

Section 2 - Cast Insurance
Provides coverage against net loss of extra expenses incurred due to death, injury or sickness or Kidnap of such person designated for insurance or due to the sudden and unforeseen death, illness or injury of an immediate family member of a designated person, thus preventing him from commencing, continuing or completing their respective duties or performances in such declared production.
Limit : Upto any one accident and Any one year as stated in the declaration

Section 3 - Negative Film & Video Tape
Provide all risks of direct physical loss of or damage to the property from any external cause, other than those specifically excluded.

Property covered in this section-
Raw film or tape stock, exposed film, videotape, matrices, interpositives, positives, working prints, cutting copies etc (as mentioned in the policy) while such property is used or to be used in connection with an insured production.
Limit : Upto any one accident and Any one year as stated in the declaration

Section 4 - Props, Sets and Wardrobe
Provide all risks of direct physical loss of or damage to the property from any external cause, other than those specifically excluded.

Property Covered in this section:
Props, sets, scenery, costumes, wardrobe and similar theatrical property owned by the Insured while it is being used or to be used in relation to a declared production.
Limit : Upto any one accident and Any one year as stated in the declaration

Section 5 - Miscellaneous Equipment
Provide all risks of direct physical loss of or damage to the property from any external cause, other than those specifically excluded.

Property Covered in this section:
Miscellaneous equipment like cameras, camera equipment, sound and lighting equipment, portable electrical equipment and similar property owned by the Insured while it is being used or to be used in relation to a declared production.
Limit : Upto any one accident and Any one year as stated in the declaration

Section 6 - Third Party Property Damage
Provides coverage against legal liability arising due to loss injury, or destruction of property of others while such property is in the care, custody, or control of the Insured and is used or to be used in connection with a declared production
Limit : Upto any one accident and Any one year as stated in the declaration

Section 7 - Extra Expense
Provide coverage for extra expenses incurred in completion of principle photography of the declared production, from any external cause, other than those specifically excluded.
Limit : Upto any one accident and Any one year as stated in the declaration

Section 8 - Money
Provide coverage for loss of money by any cause including theft or attempt threat to any specified safe strong room containing money, other than those specifically excluded
Limit : Upto any one accident and Any one year as stated in the declaration

Section 9 - Film / Video Tape in Storage
Provide all risks of direct physical loss of or damage to the film/ video tape in storage at specified locations, from any external cause, other than those specifically excluded.
Limit : Upto any one accident and Any one year as stated in the declaration

Section 10 - Commercial General Liability
Provides coverage against legal liability arising from third parties due to bodily injury, property damage or denial of access
Limit : Upto any one accident and Any one year as stated in the declaration

  • Worldwide geographical limits
  • Terrorism
  • Unseasonal Adverse Weather & Rain Cover
  • Non appearance of the cast/ key members on the schedule of the shooting for the situation beyond the control of cast/ key member like Road accident, Flight delays/ Cancellations
  • Foreign location Shoot

Gross Production Cost
Section wise limits as opted for any one accident and in aggregate

Premium will depend upon :

  • Type of Production / Project
  • Gross Production Cost
  • Section wise limits as opted for any one accident and in aggregate
  • Geographical limit
  • Nature of Shooting
  • Cast Group

The policy is subject to a compulsory excess

This Policy does not cover:

  • War, invasion, civil war, rebellion or revolution
  • Hazardous Activities
  • Hazardous Properties
  • Mechanical and electrical breakdown unless caused by a peril not otherwise excluded
  • Disappearance, unexplained loss or inventory shortage
  • Any act of terrorism
  • Insects, vermin, inherent vice, latent defect, wear, tear, gradual deterioration, deterioration due to dampness or dryness of atmosphere, extremes or changes of temperature, shrinkage, evaporation, loss of weight, rust, contamination, or leakage of contents, unless caused by a peril not otherwise excluded
 
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