Films, movies and Television There is entertainment insurance that covers films, movies, and television.

When filming there are literally hundreds of things that may affect the outcome of the production and entertainment insurance helps you avoid the unexpected occasions such as weather, accidents, and faulty equipment just to name a few. Special Events There is also special events insurance that offers coverage for hundreds of special events including parties, weddings, meetings and so forth. Award Functions Even award shows or gatherings have coverage for special events.

Festival Insurace Other types of entertainment insurance include festival insurance for an organization that is putting on any type of festival whether big or small. There is always a risk that it may not be well attended and the organizers will take a financial loss. Production Insurance The same can be said for production insurance. Any kind of production, whether it is theatre, movies or more can be subject to problems that could incur a lawsuit of some type. Concert Insurance Concert insurance is another type of entertainment insurance that can be essential to your livelihood. Even the most prepared

concert can have problems either with the crowd or the performers. Weather Insurance In fact, one type of entertainment insurance that most companies offer is weather insurance n general. There is nothing worse than having a gathering or special event cancelled due to bad weather. It not only ruins the event but can cost you tons of money that you will lose otherwise. Sports Events With sporting events insurance you can have accidents or damages that occur with the players or the crowd that is attending. With this type of entertainment insurance you can cover the athletes, equipment and the patrons so that you know that you are safe and secure. Liability Insurance Finally, the last type of entertainment insurance includes artist liability insurance. If you are planning on putting together a huge event with a key artist, only to lose the artist for some reason, it can damage your reputation and your business. With this type of entertainment insurance you can even cover your artist for making crude remarks or causing problems with the crowd.

Cinema entered India in 1896 with the screening of six soundless short films in Bombay. Dada Saheb Phalke, considered to be the father of Indian cinema, made the first fully indigenous feature film 'Raja Harishchandra' in 1913. The first film with sound 'Alam Ara', was released in 1931, and the first color film, 'Kisan Kanya,' was released in 1937. The industry followed the 'studio

culture' of Hollywood in the initial days, wherein big movie production houses (called studios) hired stars, music directors and film directors as salaried employees for four to five years. However, over the years, the studio system gradually gave way to independent producers. The decades that followed saw Indian cinema flourishing and becoming an integral part of every Indian's life. Film stars, producers, directors, music directors, lyricists and playback singers became immensely popular celebrities. The industry was broadly classified into four segments - software (films, music and programs), hardware (studios and other infrastructure services that support the creation of entertainment software) and services (distribution, exhibition, film procurement and banking services) and the front-end media segment (which film magazines, video cassettes and promotional tools). By 2001, the Indian film industry had produced about 27,000 feature films and thousands of documented short films. With around 800 films being produced every year, in over 52 languages, India was undoubtedly the world's largest film producing country. In March 2000, a FICCI-Arthur Andersen report revealed that the Indian film industry was expected to grow from Rs 84 billion in 2000 to Rs 340 billion by 2005. However, all was not well with the Indian film industry. The success rate of Indian films was extremely low. A majority of the films could not even recover the investments made. Even after nine decades, the number of 'blockbuster' movies was very low when compared to the US film industry

Another reason for the move towards insurance is that Film production was given `industry' status in 2000, and RBI allowed banks to lend to film production. Now the insurance of the film is a pre requisite for bank loans for Hindi films. Therefore any

one who wants loan from bank for film making has to take insurance on his film. In the future with more uncertainties in the film market such as Bharat Shah's arrest and fancy for cocaine by some of our stars, more and more producers will move towards insuring their films Coverage types, insurers liability and exclusions 1. Named Artistes such as the Main Cast, Important Support Cast, Directors, Technicians etc. Coverage in such cases can be claimed due to non-appearance which may arise due to death, accident/illness involving hospitalization, death in immediate family, natural calamity, complete breakdown of transport system, riot/strike/civil commotion/curfew like situation prohibiting the cast from reaching the site of shoot, acts

of kidnap, murder etc Insurer's liability is restricted to reimbursement of lost remuneration in event of above events, reshooting expenses and losses due to expenses on account of cancellation/postponement etc. However no cover can be claimed if the cancellation has taken place if the person is a accused criminal under arrest, detention, interrogation etc. or accidents arising out of participation in hazardous stunts or conditions like pregnancy etc. 2. Properties, Sets, Production Equipments, Negatives etc. Coverage in such cases is due to losses arising out of fire, flood, storm or any other acts of God or natural calamities or accidents due to main cast /accidental/external means or acts of riot/strike/ civil commotion etc. or

terrorism/theft/burglary/dacoity or risks of transit Insurer's liability is limited to material damage, additional expenses on account of bringing back things to normal, irrevocably lost insured expenses on account of cancellation/postponement etc. For example Yash Chopra was able to claim Rs 3.5 million insurance due to a set, which had to be brought down when Aishwarya Rai could not attend a shooting schedule because she had injured herself. Major Exclusions are due to objects of art unless valued and declared or wear & tear/inherent defects electrical and mechanical breakdown of equipments or inventory losses or deterioration of negatives because of humidity and other atmospheric conditions.

3. Public Liability Coverage is due to injury/loss to members of public and their property which can include indemnity for court or fees, advocate's fees, legal costs and expenses incurred with Insurer's consent in the successful defense of suits/writs/summons brought against to prevent the film being shot further or being released. For example Kaun Banega Crorepati had taken this type of Insurance against PIL (Public Interest Litigation) Major exclusions exist in this case are fines, penalties, punitive damages or liability assumed by virtue of an agreement which are explicitly excluded. 4. Money Insurance Coverage in this case is cash in transit between shoot locations or cash kept at the shoot site (under lock and key) or cash embezzled by the authorized person of the insured but detected within 48 hours of the

occurrence. Insurers Liability is Rs.200,000 per incident of loss with an overall limit of Rs 600,000 during the period of the policy. Major Exclusions include personal cash of any nature or unattended cash or loss arising out of use of duplicate key whilst the cash is kept in the premises outside business hours. 5. Workmen Insurance Coverage includes bodily injury resulting in death/disability to the workman arising out of and during the course of employment onshoot locations. Insurer's liability is as per the provisions of the Workmen Compensation Act. 6. Accident Insurance Coverage This coverage is for all members of the production team on-location and/or offlocation at a predetermined rate. Coverage can be claimed for bodily injury resulting from accidents caused directly and solely by

external, violent, visible means during the policy period.

For a typical movie various covers as mentioned above typically exist. Depending on the type of movie one is making, one will need to take one or all of the above coverages as a part of the policy. For example in a movie like Devdas where large sets have to be put in Film City, the policy will be heavy on insurance for properties and sets whereas for a movie like Kaun which is shot in just one room this kind of insurance can be completely avoided. Also in a movie like Khiladi 420 where a great number of stunts have to be performed by the actor, extra insurance may be taken whereas in a movie like Aastitva this may not be required.

Frequently Asked Questions...

What is film insurance? Film insurance is a specialist policy that caters to film makers needs and covers all aspects of a production including rushes, cast, locations, technical equipment and more. Who can you provide Insurance for? Film/Media production companies | Videographers | Photographers | Cinematographers | Multi-media companies | Post Production | TV Production Companies | Studios | Media/Video Students | Film Producers | Sound Engineers | Amateur/Semi-Pro/ Pro Cameramen. Anyone taking part in a film, video or photo shoot ! What kind of productions can you insure? We can provide production insurance for all kinds of needs and some include the following:-

Short Films Feature Films Corporate Videos Promotional Videos Music Promos Still Photo Shoots Documentaries TV Shows TV Series Animation Student Films

I'm making a film, what do I need? All film productions are different, however we will discuss with you what is best suited for your film. Our film & media insurance package covers all aspects of a shoot.