Film Insurance Products

Some people can be very important to a Film production and these people can be agreed with Insurers as Named Persons. If a Named Person suffers an Accident, Illness or even Death, during Principal Photography, this can cause significant Financial Loss for the Production Company.

Financial Loss means:

  1. Extra expenditure incurred in maintaining the Production.
  2. Extra expenditure incurred to complete the Production.
  3. Costs involved if Abandonment or Suspension is agreed with Underwriters.

The premium is principally based on the Net Insurable Production Cost (total costs less Post Production costs etc) at completion of Principal Photography.

The usual people insured are Principal Actors, the Director and the Producer. Accident risks are covered automatically and Illness cover is included upon receipt of a satisfactory Medical Declaration. Any costs related to medical examinations are the responsibility of the Production Company.

Pre-Production Indemnity (Cast Insurance), is similar to Film Producers indemnity above and protects the Production Company for incurred costs and expenses, during the Pre-Production period, where the production is geared to the availability of a contracted Director or Principal Actor(s).

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

This section covers Accidental Physical Loss or Damage to Negatives, Videotape or digital images, which causes Extra Expenditure for the Insured in re-shooting or repairing the damaged footage.

If the Negatives are completely lost at a late stage of production this could cause a Total Loss. Usually this section provides cover for Faulty Stock, Faulty Camera and Faulty Processing losses.

The Sum Insured is based on the Total Budget less any budgetary items which would not form part of a loss such as insurance premiums, bank interest, owned office equipment, props, set and wardrobe, story and script rights etc.

Usually this section provides cover for faulty stock, faulty camera and faulty processing. Losses includes work prints and rough cuts but excludes library stock.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

This section provides cover for Accidental, Physical Loss or Damage to Equipment (cameras, lighting and sound) or Props, Set & Wardrobe, used in connection with a production. Cover can also include equipment such as edit suites and office equipment and computers and includes cover if insured goods are hired out.

Production Property cover provided is on a Reinstatement & Replacement basis for equipment owned, hired or leased by the Production Company.

Action props, such as registered vehicles, may only be included if Insurers are advised in advance, otherwise they are excluded from the Policy.

A schedule of equipment and replacement values will normally be required.
We are more than happy to talk to you about production property.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

Extra Expense this protects the Production Company for any additional Expenses incurred, following Physical Loss or Damage to cameras, equipment or facilities.

Extra Expense means additional costs to those budgeted, necessary to maintain production, including a move to another studio or location if agreed with Insurers.

The damage has to be from an external cause. Cover excludes electrical problems and other internal faults.

If agreed with Insurers in advance, cover can normally be extended to include these risks for an additional premium.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

This policy protects the Production Company (Principals, Employees, Volunteer Workers or Office Bearers) for sums, which they become legally liable to pay as compensation (excluding punitive or exemplary damages) regarding:

  1. Bodily Injury (including Death & Illness).
  2. Loss of or Damage to Property including loss of use arising out of an accident during the course of your business operations.

Public Liability Cover also includes Principal’s Liability where you are required to note their interest in respect of a film project.

The most common Limits required are $5,000,000, $10,000,000 and $20,000,000. These days, local authorities usually insist on a minimum of $20,000,000 Limit of Liability.

For most Production Companies it is much more efficient to have an annual Public Liability policy as opposed to arranging separate covers for each production. This is because of the minimum premiums required to cover such large limits.

We commonly utilise different Insurers for Productions shot totally within Australia, than we do for other Film package covers and can offer substantial cost reductions by doing so.

Productions that are shot off shore are usually placed with Underwriters that provide cover for the complete Film Package.

It is very important to note that cover is usually excluded for working Contractors / Sub Contractors. As a separate legal entity, usually with their own ABN number, they should have their own Public Liability cover in force, to protect themselves for liabilities arising out of their business activities.

Also note that although Volunteers are covered for Liability arising out of their actions most insurers do not provide for personal injury they might sustain unless cover is specifically requested.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

This section covers Money used in connection with a Production such as petty cash on location. As with any insurance, it is a condition of the policy that all reasonable precautions are taken to safeguard against a loss.

Cover excludes money used to run a business and money carried by couriers.
In the event of a loss, the police must be notified immediately.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

Provides cover for Employers’ legal liability for injury to Employees/Contractors under the WA Act benefits and at Common Law.

The Workers Compensation Act requires you to insure all contractors /subcontractors who in substance provide their labour and or services for remuneration. Contractors/Subcontractors can be sole traders or in a partnership arrangement or Pty Ltd Companies.

For Pty Ltd companies who have cover and include all employees and directors then you do not have to include their wages in your declaration. (You must have evidence of cover by way of the contractor providing you with a certificate of currency. Please note if the director is not named on this certificate he is not covered by his own policy & therefore you must include him in your wages declaration).

The same cannot be said for other entities (sole traders and partnerships). These contractors may have a policy to cover any employees they engage but you may be exposed to injuries to the principals. As self-employed people they cannot buy workers compensation cover for themselves and therefore their only recourse following an injury is back to you (the principal).

You can suggest that all contractors have their own Income Protection and/or Accident & Sickness cover but it will not prevent them attempting to claim Workers Compensation insurance through you.

The insurers do and will conduct audits of wages from time to time. The non-declaration of any subcontract wages would be considered non-disclosure to the insurers and the worst-case scenario other than addition premium on those wages not disclosed is a claim being refused.

We advise that before you sign any contracts that you fully investigate any hold harmless conditions, indemnities and waivers of subrogation those contracts contain.

We suggest you seek legal advice prior to signing such contracts. Alternatively cover can be sought from an insurer for the appropriate premium consideration.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

With the changes that have taken place in the workers compensation system you will now be required to develop and implement a written injury management system and an individual return to work program for injured workers. Please contact us if you require assistance with this.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

This covers the Production Company’s liability for sums, which they become legally obligated to pay as Damages. These Damages may be awarded in a court of law for:

  • Invasion, Infringement or Interference with Privacy or Publicity rights.
  • Infringements of Copyright or Trademark.
  • Libel, Slander or other forms of Defamation.
  • Plagiarism, Piracy, or Unfair Competition resulting from alleged unauthorised use of Titles, Formats, Ideas, Characters, Plots, Performances or other material.
  • Breach of Contract.
  • Coverage is world wide and normally issued for an initial period of 3 years. Renewal after three years can usually be negotiated.

Errors and Omissions Limits

The most common Limits required are:

  • $1,000,000 any one incident & $3,000,000 in the aggregate in the policy period
  • $1,500,000 any one incident & $4,500,000 in the aggregate in the policy period
  • $2,000,000 any one incident & $6,000,000 in the aggregate in the policy period

The most common period of cover is three (3) years minimum however it is not uncommon for longer periods to be requested from distribution or financial interested parties.

Please contact us for any questions you may have on Errors and Omissions.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

Travel Insurance policies normally provide cover for a range of events as follows and can be for a short period only or on an annual basis:

  • Overseas Medical Expenses
  • Ongoing Medical Expenses within Australia
  • Overseas Medical Evacuation Expenses
  • International Assistance
  • Loss of Deposits and Additional Expenses
  • Luggage, Personal Effects, Travel Documents Money & Credit Cards
  • Specified Items: eg Laptop
  • Personal Injury, Death & Capital Benefits Events 1-16
  • Weekly Injury Benefit per week
  • Broken Bones Benefit
  • Alternative Employee or Resumption of Assignment Expenses
  • Political Risk & Natural Disaster Evacuation Expenses
  • Missed Transport Connection
  • Rental Vehicle Excess Cover
  • Kidnap & Ransom & Extortion
  • Personal Liability
  • Extra Territorial Workers Compensation
  • Corporate Travellers Family Care
  • Travel Insurance Cover
  • Cover is mainly needed for overseas travel, however there are times when cover is essential for Travel within Australia.

We have specialist Travel Insurers that provide terms and conditions for any production, and can include cover in places not normally available in the Australian market e.g. – Middle Eastern countries.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

Voluntary Workers insurance provides volunteers with Personal Accident insurance whilst they are undertaking their duties as a volunteer. The cover available provides Death and Capital Benefits (Loss of Limbs), a Weekly Accident benefit, Non-Medicare Medical Expenses and Out-of-Pocket Expenses for non-income earners.

Usual Benefits provided:

  • Death and Capital Benefits up to $100,000
  • Weekly Injury 85% of Salary up to a maximum of $1,000 per week
  • Non-Medicare Medical Expenses up to $2,000
  • Domestic Home Help or Student Tutorial Benefits- up to $250
  • Benefit period 104 weeks (52 weeks if over 59 years old)
  • Excess 7 days
  • Aggregate Limit any one accident $1,000,000
  • Cover can be arranged for short-term projects or on an annual basis.

Insurance cover is not a statutory requirement & may only provide a comfort for injuries sustained. As they are not receiving payment these volunteers are not covered under the WA Workers Compensation Act and Medicare would cover all medical expenses incurred arising out of an injury.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

Motor Vehicle Insurance provides cover for damage to the insured vehicle & third party legal liability up to $ 20,000,000. Cover can be arranged for short-term projects or on an annual basis within Australia only. We trust that this information has been helpful to you.

Please Note: Each insurance policy is different and we recommend you read the insurers Product Disclosure Statement for information on its benefits and exclusions.

Please also refer to our Do’s and Don’ts page for more information.

Contact our film insurance experts