Film Insurance
Overview:
Delays in filming schedules are probably the single most common and costly cause of claims made by producers. Each day's delay in a typical £2 million budget film can easily cost £30,000 - £40,000 - an exposure that remains constant throughout the shoot, for 26 weeks or more.
A Chesterfield Film and Television Production package covers events that can cause delays to filming. We can tailor a policy to specific needs, making additions or amendments as necessary.
Details:
· Additional costs due to delays caused by accidents or injury to cast members
· Additional costs due to delays caused by loss or damage to film negatives or videotape
· Additional costs due to delays caused by faulty stock, camera and processing; equipment problems during filming, or with raw stock during filming or in the laboratory
· Cover for lost time due to damage to a location or equipment.
Trust your company to the experts
Chesterfield has a track record in creating unique insurance solutions and our success is founded on an in-depth knowledge of the industries we cover.
Our in understanding of the industry allows us to tailor a policy to suit your specific needs, delivering precisely the right protection at competitive prices.
We cover five types of insurance in this area: Events cancellation/Corporate Protection, Film & Media, Non-appearance, Confidential life and Litigation delay.
· Event cancellation/Corporate Protection - We cover those involved in major sporting and corporate events, such as broadcasters, sponsors, and individual entrepreneurs, as well as organisers of and exhibitors at conferences, exhibitions, trade shows and concerts.
· Film & media - Covering makers of TV films, documentaries and feature films against non-appearance of cast, and additional re-shooting costs following loss of or damage to negatives, props, cameras and other technical equipment.
· Non-appearance - We protect promoters, conference organisers, managers and the like against the non-appearance of talent, from conference speakers to opera divas. We can also cover the loss of any fees paid in advance.
· Confidential life - Death or disablement insurance for the key talent's contractual value, which can be taken out without the knowledge of the insured person, to cover, for example, upfront fees paid to a rock star or public speaker.
· Litigation delay – Cover for additional legal costs due to a trial or arbitration's delay or cancellation caused by the death of a key person such as a barrister or judge.
Broking Contacts:
Matt Lawford
Retail Broker
mlawford@chesterfieldgroup.co.uk
+44 (0)20 7481 1683
