(b) Content Media – Faulty Perils aka Faulty Stock, Camera & ProcessingĬovers loss, damage or destruction of raw film or tape stock, exposed film (developed or undeveloped), recorded videotape, soundtracks and tapes, caused by or resulting from fogging or the use faulty equipment (including cameras and video tape recorders), faulty sound equipment, faulty developing, faulty editing and faulty processing and accidental erasure of video tape recording.Ĭoverage does not include loss caused by errors of judgment in exposure, lighting or sound recording, from use of incorrect type of camera, lens, raw film or tape stock.įaulty Stock, Camera and Processing coverage can be purchased only with Content Media – Physical Loss aka Negative, Film and Videotape coverage. (a) Content Media – Physical Loss aka Negative Film & VideotapeĬoverage against all risks of direct physical loss, damage or destruction of raw film or tape stock, exposed film (developed or undeveloped), recording videotape, sound tracks and tapes, up to the amount of the insured production. 250 IN SAVINGS Get the Book on: Amazon.ca Film Insurance 101: How to Protect Your Film Project Learn how to protect your film project with information on all the different film insurance policies available (E&O, DICE, short shoot, etc.), including advice on how to reduce your project’s overall risk. Prize Indemnity – responds to claims brought against the event organizers or promoters in respect of their contractual liability obligations to award a prize in the event of a win or specified attainment in accordance with the rules of the competition or promotion.Įvent Liability – responds to claims brought against the event organizers against third party damage, as a direct result of your negligence. Larger projects often call for other film. For long-term coverage, you should look into annual production. 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. Non-Appearance – responds to claims for financial loss suffered by event organizers or promoters arising unexpected cancellation, abandonment, postponement, interruption, curtailment or relocation of any event due to the death, illness, accident or unavoidable travel delay of scheduled key persons, groups of key note speakers. For videographers working on larger projects with higher budgets, short term film insurance may not be sufficient. What types of insurance do video production studios need General liability insurance Slip-and-fall accidents Damaged customer property Defamation lawsuits. This will protect the film producers from millions of dollars in loss or damage. Contingency insurance triggers can include:Įvent Cancellation – responds to claims for financial loss suffered by event organizers or promoters arising from the unexpected cancellation, abandonment, postponement, interruption, curtailment or relocation of any event.
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