QU'EST-CE QU'UNE POLICE D' Assurance ANUELLE DE FILM?

Posted by Meghan Stickney on Aug 13, 2014 3:27:00 PM

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C’ est une  police film d’assurance  pour gagner du temps et de l'argent si vous prévoyez plusieurs projets au cours des 12 prochains mois. 

La police d’assurance «dice» signifie et couvre:

Documentaires, vidéos corporatifs , commerciaux,  films éducatifs. Il couvre également les Clips et le court métrage.

Exclut *: budget de plus 150.000 en  long métrage ou  / Télévision 

- Série télévisée ou épisodes

- Productions avec des périodes de tournage de  + 90 Jours.

(* sauf indication pour approbation  et, dans certains cas, une prime supplémentaire s'applique)

 

Une police assurance anuelle de film offre une couverture préétabli pour un an pour votre bureau et tous vos productions - à l'exception des films  et des séries avec des budgets plus de $ 150,000.

Nous allons vous fournir  des certificats en blanc pour l'année, ce qui vous permet de reserver  les endroits et louer du matériel à la dernière minute .

Responsabilité civile générale est moins cher avec une police  annuelle  parce que vous ne payez qu’ une fois par an et couvre l'ensemble de vos projets dans une période de 12 mois. Beaucoup moins de travail et à moindre  coût de pour la couverture de chacun de vos projets.

Un police  typique d'un producteur avec  250.000 dollars  de productions annuelles  est la suivante:

 COUVERTURE  
 LIMITE $ 
 Film négatif / Videotape   250,000
 Stock défectueux, camera , Développement     250,000
 Accessoires, décors et costumes    200,000
 Matériel loué  divers  750,000

 Matériel divers vous appartenant

(prime supplémentaire s'appliquera) 

 Comme Requis 
 Responsabilité pour dommages aux biens  2,000,000
 Frais supplémentaires   200,000
 Contenu de bureau  100,000
 Débiteurs  25,000
 Argent et valeurs  25,000
 Dommages causés à des véhicules  150,000 par véhicule  
 Responsabilité civile générale   2,000,000

 

Coûts: 

  • Une prime de dépôt débute à 1500 $. 

  • Vos coûts finaux de productions brutes pour toutes les productions réalisées pendant la durée de la police  sont signalés à la Société dans les 30 jours suivant l'expiration ou la résiliation de la couverture. 

  • La prime annuelle gagnée est calculée en appliquant le taux par 100 $ de coûts de production réels bruts établis à la date de création de la police
  • Une prime minimum de 1500 $ sera applicable quels que soient les termes de couverture. 

  • Les primes peuvent être financés sur l'année pour aider votre flux de trésorerie. 

  • Nos taux  varient  en fonction du rapport Film / Vidéo, types de productions et le nombre de productions annuelles estimées. 

  • La couverture de responsabilité générale (pour couvrir les lieux de tournage  contre les dommages matériels ou corporels causés par votre équipe) est en sus. Par exemple, une limite $ 2,000,000 coûterait $ 750 par an; une limite $ 500,000  coûterait $ 1000 par an. 

Appelez-nous ou envoyez-nous un courriel pour une soumission  une description de la couverture demandée ainsi que  de plus amples informations. 

EN SAVOIR PLUS

 

Topics: Film equipment insurance, Film Gear insurance, Entertainment Insurance Broker, Canada Film Broker, DICE Policy, Annual Film Insuruance, Commercial Production Insurance, Documentary Insurance, Documentary Films, DICE Insurance, Educational Films, Industrial Films

How a Specialized Film Insurance Broker can help your Production

Posted by David Hamilton on Apr 10, 2012 5:54:00 PM

A  film insurance broker helps identify the risks associated with your film production, TV series, Documentary, Webisode, Music Video ect.

Film InsuranceOnce the risks are identified, the risk can be transferred to an insurance company for a fee or premium. The film insurance broker negotiates the lowest possible premium and the broadest coverage available in the market place. In Canada, there are four film insurance companies: Chubb, Fireman’s Fund, Premiere and Travelers. Front Row is able to provide you with a quote from each of these companies in an easy to understand comparison format.

Unlike insurance agents - who work for the insurance company -  Insurance Brokers work for the client. Insurance brokers are recognized by law as experts in insurance. Insurance Brokers in Canada must pass a series of exams in order to be licensed and there is annual continuing education to maintain a license. Make sure your broker is licensed in the province that you are shooting your production or the production could be fined or subject to a surtax.

Insurance Brokers owe a higher duty of care to their clients than an Insurance Agent. Brokers represent the interests of their clients, not the insurance companies. They offer professional advice in arranging insurance on behalf of their clients.

Since insurance brokers are considered under the law as professionals, they are responsible for their actions and can be sued for professional negligence if their advice is deemed to be faulty. All licensed brokers therefore need to carry professional Errors and Omissions coverage. You should ask your broker the limit of E&O insurance that they cover:  $1,000,000 may not be enough once defense costs are deducted from the limit.

The many roles of a broker include: 

  • Negotiate with the insurance companies on behalf of clients. There are four insurance companies in Canada: an Insurance broker must be familiar with what these companies offer so that the best price and coverage is procured for the producer.
  • Brokers facilitate claims - Because the broker works on behalf of the client, it is their duty to ensure that insurance companies pay the full amount of the claim that the client is entitled to.
  • The broker acts as a conduit for communication between the insurance company and the client. This includes providing certificates for banks, bonding companies and locations to evidence coverage allowing banks to release funds to the client, locations to be locked by the location manager and equipment to be rented.
  • Advise clients on ways to limit potential liabilities during production.
  • Review scope of the client's existing insurance policies to reveal gaps or deficiencies in the coverage.
  • Comprehensive examination of the clients production to assess the amount and type of insurance required. A broker will also help the client understand what coverage they have and do not have and they can explain any limits to the coverage.

It is important to deal with a broker that understands the specific language shown on Film Production Policies. For this reason, it is strongly suggested that you seek out a specialized Film Insurance Broker when you need insurance for your production.

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Film Production Insurance and Trains: Stay on Track

Posted by David Hamilton on Feb 14, 2010 4:31:00 PM

The film production company should always advise their Film Insurance broker well in advance of the anticipated use of any railway cars or equipment. You should never sign a contract with respect to use of trains without first having your entertainment insurance broker review the document.

If the train is being used as a prop/set and is not in motion, then damage to the train itself would be provided under Props/Sets/Wardrobe coverage. If the train is in motion a sublimit would be in effect for physical damage to the train.

Liability coverage is provided under Commercial general Liability policy. If you are required to indemnify the train owner, then specific coverage arrangements must be made prior to the use of the train.

In order to provide a quote/coverage for Railway Cars and Equipment, please forward answers to the following:

Railroad Questionnaire

Please provide:

  1. A copy of the railroads contractual agreement
  2. Description of scenes involving railroad equipment
  3. Dates equipment used
  4. Locations of equipment:
    1. Where is equipment stored?
    2. Where is equipment moved to? Exact street address.
    3. Where is equipment returned after use is over?
  5. Type of equipment used? Please list.
  6. Activities the production company has with the equipment.
  7. How many people will be "on board"?
  8. Distances and speed of equipment
  9. Any stunts? Please list. Please complete a stunt questionnaire.
  10. Will main line tracks be used during filming days?
  11. Please advise how the cast, crew, equipment and public will be protected during filming.

The same advice will apply no matter if you are shooting a feature film, TV series, documentary or a short film.

Please contact us if you have any questions.

Topics: Film Production Insurance, Short Film, Film Insurance, Entertainment Insurance, Film insurance broker, Entertainment Insurance Broker, Film Production, Annual Film Insuruance, Documentary Insurance, DICE Insurance, Film Production Companies, TV Series, Railroad Insurance

Film Production Insurance: Covering Stunts and Special effects

Posted by David Hamilton on Jan 30, 2010 1:19:00 PM

The Film Production  insurance policy contains an exclusion under the Cast Insurance coverage for a person injured when taking part in a hazardous stunt or any special effect in the declared production, without the prior consent of the insurance company.

Although these types of activities are usually reserved for stunt performers, the producer and the director should be aware of this exclusion. If actors are involved in hazardous stunts or special effects, please advise your broker well in advance so that they can make the appropriate arrangements with the insurance company.

In order to properly evaluate the hazards involving stunts used in filming, please provide answers to the following:

1. Synopsis of scenes being filmed.

2. List stunts by tape, location and date.

3. Protective measures used to protect participants and public, equipment and property.

4. What is the experience of the Stunt Coordinator - please attach a resume.

5. How many people are involved in each stunt scene?

Additional information may be requested. The underwriters may cover the scene based on the strength of the information - the stunt coordinator resume is particularly important; otherwise, the underwriter may charge an additional premium, or apply a higher deductible or impose a sub-limit on the limit of coverage, or, they may use a combination of all three to address the risk.

If you are comfortable with a high deductible and sub limit you can often save the cost of an additional premium being charged.

Be sure to talk to your Entertainment  Insurance broker before you film any stunts or SPFX scenes that were not origionally in the script that your broker provided the insurance company.

Topics: Film Production Insurance, Film Insurance, Production Insurance, Entertainment Insurance, Film insurance broker, Entertainment Insurance Broker, D&O liability, d&o insurance, DICE Policy, Annual Film Insuruance, Documentary Insurance, Stunt Insurance, SPFX Insurance, Special Effects Insurance, Hazardous stunts, Documentary Films, DICE Insurance, DICE Insurance

Film Production Insurance: Why it is Needed.

Posted by David Hamilton on Jan 11, 2010 9:28:00 AM

Production insurance is vital to financing your project. Why is insurance needed for your production? Three basic reasons are:  Legal, Contractual and property protection.

As for legal reasons, nearly every  location and financier requires that a production company/filmmaker carry some form of insurance. A good example of this is the need for general liability insurance to cover property damage and and bodily injury to third parties. A building owner will want to be protected for any damage caused to the location. The buildiong owner would also want to be protected from any lawsuits brought forth from a passerby that tripped on electrical cables or from injuries sustained by gear that falls off a roof.

The contractual reason is simple. If you are under contract with a broadcaster or distributor , most likely the contract will require you to have insurance coverage before you can access your payment drawdowns.A

The property protection covers you against damage and loss to assets like production equipment that you are contractually responsible for as set out in your rental agreement with the rental company. 

The type of policy you need depends on the type of project you plan to make. If you are making a short music video, the type of policy you want will differ from a filmmaker who aims to make a feature film. There are basically three types: short-term, annual DICE Insurance and annual. Short-term policies are used for single production, such as a commercial. A DICE Insurance Policy is used for several projects during a year period. DICE stands for Documentaries, Industrial Films, Commercials and Educational Films.

 Try to give your broker three to five days to arrange the coverage for you: this will ensure your broker has enough time to obtain the best price and coverage available in the marketplace.

The three policies you need to consider for any film production are:

General Liability Insurance

 It covers against damage to the filming location/space, and injury or harm to those present that are not working on the film.

Equipment Insurance

Equipment insurance covers any and all film equipment used in your filmmaking process and production. This policy will cover loss, damage, theft, etc. to your rented or owned equipment. .

Errors and Omissions Insurance

This type of insurance protects against lawsuits alleging unauthorized usage of titles, copyrighted materials, ideas, formats, characters, plots, plagiarism, unfair competition, defamation and invasion of privacy. E&O insurance requires the counsel of an entertainment lawyer who will review your script, clearances and releases.

 

Topics: Film Production Insurance, Film Insurance, Film insurance broker, E&O insurance for Films, Errors and Omissions coverage for films, Film Production Equipment, Annual Film Insuruance, Commercial Production Insurance, Documentary Insurance, Producers Errors & Omissions Liability Insurance, DICE Insurance, DICE Insurance, Commercials, Educational Films, Industrial Films

Film Production Coverages Explained - Part 4

Posted by David Hamilton on Dec 15, 2009 3:42:00 PM

Producers Errors and Omissions liability insurance is an important coverage for any film producer. Producers E&O covers against all sums that the insured may become legally obligated to pay as damages resulting from lawsuits for:

  • a) Invasion or infringement of privacy. Does a character in your script inadvertantly resemble a real person?
  • b) Infringement of copyright or trademark
  • c) Libel, slander or other forms of defamation
  • d) Plagiarism, piracy or unfair competition resulting from the alleged use of titles, formats, ideas, characters, plots, performances of artists or performers or other material
  • e) Breach of contract, implied or in fact or in law, resulting from the alleged submission, acquisition or use of program, musical or literary material used by the insured in the insured production
  • Policy includes coverage for legal expenditures incurred in the defense of any claim

Most broadcasters, distributors and sales agents will need to see evidence of e&o coverage in force for your project before they will enter into a contract with you. Distributors and broadcasters can typically be added to your E&O policy at no charge and evidence that they have been added can be evidenced by way of a certificate.

 The typical term of the policy is 3-5 years and the typical limit of coverage is: $1,000,000 per occurence, $3,000,000 in the aggregate with a $10,000 deductible

More film production insurance explained next post.

Topics: Film Production Insurance, Film Insurance, Production Insurance, E&O insurance for Films, E&O Insurance, DICE Policy, Annual Film Insuruance, Documentary Insurance, Digital E&O insurance, Producers Errors & Omissions Liability Insurance, Producers E&O Insurance, HD E&O

Film Production Coverages Explained - Part 3

Posted by David Hamilton on Dec 8, 2009 8:53:00 AM

Part three of our coverage explained post deals with the all important liability coverages to protect your film production.

COMPREHENSIVE GENERAL LIABILITY

  • Covers against all sums that the insured shall become legally obligated to pay for bodily injury, property damage or personal injury arising out of the operations of the production company
  • Excludes liability arising out of the use of motor vehicles, aircraft or watercraft
  • Coverage limits range from $1,000,000 to $25,000,000

NON-OWNED AIRCRAFT LIABILITY INSURANCE

  • Covers the insured against legal liability arising out of the use of non-owned aircraft

NON-OWNED WATERCRAFT LIABILITY INSURANCE

  • Covers the insured against legal liability arising out of the use of non-owned watercraft
  • Coverage can often be extended under the Comprehensive General Liability Policy

Our next post will discuss producers errors and ommissions coverage.

Topics: Film Production Insurance, Film Insurance, Production Insurance, DICE Policy, Annual Film Insuruance, Commercial Production Insurance, Documentary Insurance

Film Production Insurance Coverages Explained - Part 2

Posted by David Hamilton on Dec 7, 2009 3:30:00 PM

What follows are four more coverages that every producer needs to consider when creating a film project: 

EXTRA EXPENSE INSURANCE

  • Covers expenditures that the insured may incur in the event of interruption, postponement or cancellation of production as a result of damage to, or destruction of, property or facilities

OFFICE CONTENTS INSURANCE

  • Covers property usual to the office occupancy of the insured on an "all risk" basis against all risk of physical loss of or damage to said property

MONEY & SECURITIES

  • Covers against direct losses caused by destruction, robbery, wrongful abstraction or computer theft of money and securities
  • Coverage often includes loss or damage to the property or premises resulting from robbery or safe burglary

COMMERCIAL VEHICLE PHYSICAL DAMAGE INSURANCE

  • Covers hired automobiles which are property of others for which the insured is liable and which are lost, damaged or destroyed during the term of coverage while such property is used or to be used in connection with the declared production
  • Coverage is for physical damage to the vehicles and does not include third party liability coverage

The next post will discuss liability when using planes, trains and boats on your set.

Topics: Film Production Insurance, Production Insurance, Entertainment Insurance, DICE Policy, Annual Film Insuruance, Commercial Production Insurance, Documentary Insurance, Documentary Films

Film Production Insurance Coverages Explained - Part 1

Posted by David Hamilton on Nov 23, 2009 10:59:00 AM

There are several coverages that a producer needs when insuring a film project (by film , I also mean HD and video). In the first of a four part post, I will explain the main coverages. 

CAST INSURANCE

  • Covers against extra expenditures caused by death, sickness, disability or kidnapping of insured cast members, director, DOP, or anyone else designated under cast coverage

NEGATIVE FILM & VIDEOTAPE INSURANCE

  • Covers against extra expenditures caused by loss of, damage to, or destruction of Negative or Tape or Hard Drive on an "all risk" basis, excluding coverages outlined under the Faulty Stock, Camera & Processing coverages.

FAULTY STOCK CAMERA & PROCESSING INSURANCE

  • Covers against extra expenditures caused by damage to, or destruction of negative or tape caused by faulty stock, faulty camera, faulty processing and accidental erasure or exposure to light

PROPS, SETS & WARDROBE INSURANCE

  • Covers props, sets, scenery, costumes, wardrobe and similar theatrical property on an "all risk" basis against direct physical loss or damage to the rented property.

MISCELLANEOUS EQUIPMENT INSURANCE

  • Covers cameras, camera equipment, sound and lighting equipment, grip equipment and similar miscellaneous equipment on an "all risk" basis against direct physical loss or damage .

PROPERTY DAMAGE LIABILITY INSURANCE

  • Covers against all sums the insured shall become legally obligated to pay because of loss of, injury to, or destruction of property of others in the care, custody or control of the insured
  • Excludes property covered under miscellaneous equipment and props, sets and wardrobe coverage

I will explain more coverages in a future post.

 

Topics: Film Production Insurance, Film Insurance, Production Insurance, Entertainment Insurance, Film Production, Film Production Equipment, DICE Policy, Annual Film Insuruance, Commercial Production Insurance, Documentary Insurance, Documentary Films

Hold your Film Production Insurance Broker Accountable

Posted by David Hamilton on Nov 22, 2009 11:03:00 AM

Production Insurance is expensive: hold your broker accountable

  • Ask your broker if they have a sufficient volume with Entertainment Underwriters to be able to negotiate the best insurance premium for your project.
  • A broker works for you to advise and obtain the coverage you need from underwriters (the insurance company). Make sure they have the experience to properly advise you. Due to the specialized nature of film production insurance, it should be the focus of your broker's practice - not a sideline.
  • An Entertainment Broker needs to be familiar with the production process to be able to represent you during a claim so that you receive the maximum money that you are due from the Insurance Company.

Topics: Film Insurance, Film Production Equipment, DICE Policy, Annual Film Insuruance, Commercial Production Insurance, Documentary Insurance, Documentary Films