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Expenses incurred in the event of cancellation of production additional cost/reshoot cost incurred due to faulty negatives against prop sets and wardrobes third party property damage money insurance.
WHAT CAN BE INSURED
Expenses incurred in the event of cancellation of production additional cost/reshoot cost incurred due to faulty negatives against prop sets and wardrobes third party property damage money insurance employers liability errors & omissions.
WHO CAN TAKE INSURANCE
Film Producers and Institutions financing film production can take this policy
RISK COVERED AND PREMIUM RATING
RISK COVERED
Personal Accident for the artists and the employees.
Hospitalization cover within the country as well as overseas.
Loss / Damage to the props/sets/films/negatives.
Extra expenses incurred for re-shooting the film/parts of the film following an accident insured under the policy.
Loss following burglary at the film shoot site.
Loss of baggage/personal effects of the artist/employee when overseas.
Covers against Death or Permanent Total Disablement hospitalization on account of an accident for the artists and the employees involved in the film.
Reimburses the actual production expenses involved in re-shooting the film following an accident /peril covered under the policy to the extent of the sum insured chosen.
Covers loss or damage to films negatives reels.
Burglary /loss of money and articles is covered.
Hospitalization expenses for the employees when on overseas travel for film shooting as well as loss of passport and expenses incurred to procure passport.
Loss of personal baggage of artists and employees when on tour abroad.
Third party liability (Other than Motor Vehicles) can also be covered
PREMIUM
Premium Computation:
Premium Rate/Table
POLICY EXCLUSIONS
Loss caused by
Insured person taking part in any Hazardous Job.
Terrorism.
Kidnapping.
Atmospheric Changes.
Delay in delivery & Judgment in exposure for negative films.
Evaporation Vermin Damages Dust Contamination Wear & Tear Short Circuit Shortage for Prop Sets.
Liability under MV Act & Damage to Buildings other than production under Third Party Property.
Standard Exclusion of PA & Money Policy.
