Related links:
Film Insurance 101 & How to Protect Your Film Project
Film Production Insurance: Why it is needed
DICE Insurance
Photo credit: Unsplash
This is a great insurance policy to save you time and money if you anticipate multiple projects in the next 12 months.
Excludes*:
- Feature Length or Theatrical/Television Release over $150,000 budget
- Television Series or Episodes
- Productions with shooting periods +90 Days
(*unless specifically endorsed and in some cases an additional premium applies)
- A DICE policy provides prearranged coverage for a year for your office and all of your productions--except for features and series with budgets over $150,000.
- We will give you blank certificates for the year, allowing you to lock locations and rent equipment on the fly.
- General Liability is less expensive with an annual policy as you only pay for it once per year and it covers all of your projects in a 12 month period. Less work and cost than arranging coverage for each of your projects.
A typical package for a Canadian producer with up to $250,000 in annual productions costs:
|
Coverage |
Limit of Liability |
Deductible |
|
Negative Film |
$150,000 |
NIL |
|
Faulty Stock |
$150,000 |
$2,500 |
|
Props, Sets & Wardrobe |
$50,000 |
$2,500 |
|
Rented Equipment |
$250,000 |
$2,500 |
|
Owned Mobile Equipment |
$20,000 |
$2,500 |
|
Owned Fixed Equipment |
$20,000 |
$2,500 |
|
Extra Expense |
$50,000 |
$2,500 |
|
Vehicle Physical Damage |
$250,000 Per Vehicle |
15%/$2,500 Min $10,000 Max |
|
Office Contents |
$100,000 |
$1,000 |
|
Third Party Property Damage |
$1,000,000 |
$1,500 |
|
Money & Securities |
$10,000 |
$1,000 |
|
Commercial General Liability |
$2,000,000 |
$500 |
|
|
|
Premium: $2,695 Agency Fee: $100 Applicable Provincial Sales Taxes will apply |
Canadian DICE Production Insurance Package Costs:
- A deposit premium starts at $1,825. (subject to change)
- Your Final Gross Productions Costs for all productions undertaken during the term of the policy are reported to the Company within 30 days following the expiration or termination of coverage.
- The Annual Earned Premium is computed by applying the rate per $100 of actual gross production costs established at the inception date of the policy.
- Premiums can be financed over the year to help your cash flow.
- Rating will vary based on the Film/Video ratio, types of productions and number of annual productions estimated.
- General Liability coverage (to cover locations against property damage or bodily injury caused by your crew) is extra. For example, a $2,000,000 limit would cost $750 annually; a $500,000 limit costs $1,000 annually.
Call or email us for a quote, a description of coverage and further information.
Related blog posts:
DICE Insurance Policies: Annual Protection for Multiple Film Projects
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