Comprehensive Production Insurance

If you’ve ever been involved in the making of a feature film, documentary, advertisement, music video or TV series, you’ll know only too well that the threat of something going badly wrong hangs over your head every day. With millions of Rands on the line in almost every project, anything that delays production can mean financial ruin in a matter of days.

Therefore, comprehensive Film Producers’ Indemnity Insurance Cover is one of the first things producers put into place before they even think about shouting, “Aaaaand, Action!” Project producers shoulder the bulk of the responsibility for their project, and if something goes wrong, there can be legal, financial and even criminal consequences for the producers personally. This is why it’s important to make sure your insurance company offers Film Producers’ Indemnity, including Nominated Key Cast & Crew, Damage to Sets & Wardrobes, Faulty Stock or Negatives / Digital Images, Extra Expense, as well as Public Liability, Employers’ Liability, Third Party Property Damage, Damage to Equipment, Hired in Vehicles and Personal Accident Cover, among others.

No two projects are alike, and all good production insurance policies are specifically tailored to meet the production company’s needs at the time. But all policies should be based on a few solid principles designed to protect the producer from liability relating to any on-set or vehicle accident injuries, loss and damage to owned and/or rented vehicles or equipment, and any libel or copyright infringement claims.

Short-Period vs Longer Period Production Insurance

Short-term production insurance covers your productions on a project by project basis, and are ideal for shooting advertisements or music videos. They can be taken out for just a single day’s cover, although most people are advised to make sure they’re insured for the pre-shoot prep days and post shoot days as well.

Long-term production insurance is designed for full-length feature film shoots or in-depth documentaries. They are also ideal if you have many different shoots planned throughout the year. Most producers will opt for year-round production insurance if they have their own company, or if they’re a freelancer working on four or more productions a year. It’s also a good idea if you’re producing an independent film, or you have your own equipment that you rent out to other productions.

When deciding on which type of production insurance is best for your project, it makes sense to investigate both short period, once off shoots and longer-period insurance options, as the difference in cost between the two is often quite minimal.

How Do Insurers Quantify Risk?

Insuring a production is not the same as insuring a car. Vehicle insurance is easy because you know how much it’s worth. Assigning a value to a film or other entertainment production isn’t quite as easy, and many factors, such as the budget, schedule, or call sheet and script, need to be considered.

Weather can be a factor in ensuring the timeous completion of a project, but obtaining weather insurance for an entire shoot usually proves prohibitively expensive.

It’s clear that proper, professional production insurance is a must for any production company, so if you’re looking for peace of mind that your next project is comprehensively covered, with every contingency taken care of, chat to CC&A Insurance Brokers. We’ve got over 30 years of film industry experience, and are the ideal choice for production insurance for every kind of production, from commercials to music videos, to stills productions, full feature films, documentaries, TV series, in fact anything happening in the film production industry.

Contact us today.

FILM PRODUCERS PACKAGE

Cover can be provided for:

  • Nominated Cast and Crew
  • All Risks Negative/ Tape/Digital medium
  • Faulty Stock, Camera and processing
  • Props, Sets and Wardrobe
  • Extra Expense
  • Third Party Property Damage
  • Hired in Miscellaneous Equipment
  • PERSONAL ACCIDENT INSURANCE FOR CAST AND CREW
  • COVER PROVIDED FOR DEATH, PERMANENT TOTAL DISABILITY, TEMPORARY TOTAL DISABILITY AND MEDICAL EXPENSES.
  • STUNTS AND SPECIAL EFFECTS.
  • PUBLIC LIABILITY COVER FOR THE PRODUCTION COMPANY AS WELL AS EMPLOYEES LIABILITY.
  • COMPREHENSIVE MOTOR INSURANCE
    • Full cover for all vehicles “hired in” for use on the shoot.
    • Action Vehicles
    • Comprehensive cover for vehicles used in “action” during the shoot.

In addition we can assist with:

  • ANIMAL MORTALITY
  • NON –APPEARANCE OF CAST
  • WEATHER RELATED RISKS.
  • MONEY/ CASH AND OFFICE CONTENTS.