A few years ago we were all shocked and saddened by the sudden and tragic death of Paul Walker. Paul was in the two-seater Porsche Carrera GT when the car somehow lost control and slammed into a post or a tree, and the car burst into flames. This is a good reminder of the role production insurance plays in the production of movies, films, TV shows and other entertainment productions. There are risks the production company has that can be managed through the proper insurance products. Here is some of the coverage that may apply:
Cast & Crew Insurance
Cast and Crew insurance indemnifies the production company for the loss or extra expenses to begin or complete principal work of an insured production due to death, injury or illness of any insured artist or director.
Participant Accident Insurance
Participant Accident Insurance can provide accident medical benefits and, at the sponsor’s option, may include accidental death, dismemberment, dental and disability benefits, as well.
Errors & Omissions for Film Producers
Errors & Omissions Insurance for producers offers coverage for a wide variety of entertainment/media risks against lawsuits for libel, slander, invasion of privacy, infringement of copyright and other specified torts. Generally these claims do not involve bodily injury.
MovieInsure.com Insurance Services offers a wide variety of A-rated, Admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list.