Film Production Insurance Policy

In this clause, the insurer agrees to compensate or reimburse the insured for immediate physical damage, loss, or destruction of equipment belonging to the insured, including, however not restricted to camera equipment, cameras as well as lighting and sound equipment, portable electrical equipment as well as mechanical effects equipment, etc. while.

1. Operation or transport as well as storage throughout the insurance.
2. The items are stored and laying on the building or being erected or lying on the shooting location throughout the time of insurance.
3. When moving from one area to the next during the time of insurance.

This article covers damage or damage to the equipment caused by Fire, Lightning, Explosion or Implosion, Subsidence, Landslides such as rockslides, riots, strikes, malicious damage storms, cyclones the, tempest storm, tornado flooding, and floods, earthquakes, damage from impacts as well as theft and burglary, home breaking. The basis of the sum insured under this section would be the property valued at the full cost of replacement with new equipment.

Film equipment rental insurance is also covered under this section by a few insurance companies depending on the company's underwriting guidelines.

The insurer agrees to compensate the insured for physical injury or loss or destruction to props, sets, and wardrobes belonging to the insured while in transit in operation or storage for the insurance period. The sets and other property erected for shooting purposes would be covered under the film insurance if damaged due to any of the below perils.

This article covers damage or damage to the equipment caused by Fire, Lightning, Explosion, or Implosion. Subsidence and Landslide include rockslides, riots striking and malicious damages Storm, Cyclon, tempests, typhoons, storms, tornados, floods, flooding, earthquakes, Burglary, Theft, and home breaking. The basis of the sum insured under this section would be the property valued at the full cost of replacement with new equipment.

This article focuses on the destruction or loss of original film stock captured or exposed negatives (developed or undeveloped) videos, beta tapes and matrices positive and interpositive cut copies, work prints and fine grain prints color (transparencies) reels, outwork, drawings, the software and other materials which are used to create computer images as well as soundtracks and tapes associated with them while these items are lying or at a storage facility, or in operation or transport, and also as bags for connection or be utilized for the production that is insured over the time of insurance.

This section covers loss or damage to the equipment caused by Fire, Lightning, Explosion or Implosion, Subsidence, landslides such as rockslides, riot strikes, malicious damage, Storms, cyclone storms, typhoons, and tornadoes. Hurricanes, as well as flooding and inundation. Impact damage from earthquakes as well as theft and burglary. Breaking into houses. The basis of the sum insured under this section would be the property valued at the full cost of replacement with new equipment.

The insurance company is liable to the insured against damages or loss to camera equipment, cameras such as sound and lighting equipment, mobile electrical equipment, generators, mechanical effects equipment, accessories for grips such as mobile dressing rooms and honey wagon trailer units, and other similar equipment that is owned by the insured or that is owned by others, to whom the insured is responsible, and that may be damaged, lost or destroyed in the course of the coverage due to the risks listed below within the period of coverage.

This chapter covers loss or damage to the equipment caused by Fire, Lightning, Explosion, or Implosion. Subsidence, Landslides such as rockslides, Riots striking and malicious damages Storm, Cyclon, the tempest storm, tornado flooding and floods, earthquakes, damage from impacts as well as theft and burglaries. Home breaking. The basis of the sum insured under this section would be the property valued at the full cost of replacement with new equipment.

The business will reimburse the insured against the legal responsibility, including defense costs resulting from damage or damage to third parties property or their lives resulting from bodily injuries or property damage resulting from accidents. Any damage done to third parties by the insured customer due to an accident would be covered under this section. The insurer will pay the cost of defense, costs as well as other costs that are incurred without the prior approval of the investigators, and settlement or defense of any claim made against the insurance company.

Under this section, the insurance company agrees to compensate the insured for any such loss sustained as a result of extra expenses incurred due to certain unforeseen events such as interruption, postponement, or cancellation of the declared production as a direct and sole result of the loss or damage or destruction to the production property resulting in loss to the insured. In short, any loss suffered by the insured due to the cancellation or interruption of the shooting would be paid by the insurance company subject to the loss arising out of the insured peril as specified in the policy.

The insurance company will indemnify the insured from loss of money due to any cause stated in the policy. This includes any damage or loss due to theft or attempts to breach safes or secure rooms holding the cash. The limit of money in the safe should be mentioned in the policy copy when taking the policy, as this limit would be the basis of liability for the insurance company under this section.

Under this section, the insurance company agrees to pay the insured the cost of recopying or reproducing the videotapes caused by loss or damage due to an insured peril acting at the time of the accident. The coverage is only for the tapes which have copies available. The limit of liability would be based on per occurrence as specified in the policy copy.

The insurance company would be liable to compensate the cast insured under the policy in case of death or disability due to the accident. Under this section, permanent total disability, permanent partial disability, temporary total disability, and accidental death would be covered up to the sum insured mentioned under the policy.