DICE Insurance Policies: Annual Protection for Multiple Film Projects

Posted by David McLeish on Aug 24, 2018 4:14:34 PM

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What are DICE Insurance Policies? 

Many film and video companies engage in multiple productions throughout the year. These types of companies, known as DICE Producers (Documentaries, Industrial Films, Commercials and Educational films), benefit from an annual insurance policy known, conveniently, as a DICE Policy.

Somewhat like an annual travel insurance policy that covers all the trips you take in a year, a DICE insurance policy will cover all the productions you undertake in a year, so you don’t need to keep re-applying for insurance for each individual production. This gives DICE Producers the freedom and flexibility to provide certificates of insurance and lock locations at a moment’s notice (many municipalities require $5 Million in Commercial General Liability to secure a film permit). An annual policy also means you only have to think about the insurance once a year, and unless you’re insurance nerds like us, once is probably enough!

There are some limitations: a DICE policy won’t cover feature length films, productions with shooting periods over 90 days, or TV series, episodes, or specials. But it will cover productions like short subjects, music videos, and photo shoots, along with the DICE staples—virtually everything except feature films and TV series.

Canadian Producers - Click HereUS Producers - Click Here

 

Calculating your DICE premiums:

The policy premium is based on your actual annual gross budgets. Coverage is purchased with a deposit premium that is based on your provisional, estimated annual gross production costs (say, you expect to do $500,000 that year). Then, at the end of the year, you report a final gross production cost and the premium is adjusted up or down accordingly. If you weren’t as busy as you had anticipated, the unused premium is refunded to you, or, if business was booming and you did better than expected, you can pay for the additional coverage used at the end of the year. This means you’re only paying for the insurance you actually needed during that year. Our DICE policies have a minimum annual gross budget of $220,000 and no upper limit, so whether you’re just starting out or a seasoned pro, Front Row’s DICE Policy can be tailored exactly to the needs of your production business.

Additional Coverage is also available for:

  • Props, sets, and wardrobe
  • Faulty stock, camera, processing
  • Office contents
  • Miscellaneous equipment
  • Money & currency
  • Vehicle physical damage
  • Employee dishonesty
  • Animal mortality
  • Third Party Damage
  • Commercial vehicle physical damage

Visit the Front Row Insurance Website for more information or a fast, free no obligation quote!

Canadian Producers - Click Here

US Producers - Click Here

 

Tags: DICE Insurance, DICE Policy, corporate video insurance, music video production insurance, music video insurance

How to choose between a DICE Policy and a Short Shoot policy*

Posted by David Hamilton on Sep 22, 2017 4:56:00 PM

A Short Shoot Policy is intended for those producers who are conducting shoots lasting 14 days or less, using rented equipment and with budgets of $250,000 or less. This makes it ideal for short film producers, student projects or anyone else who will be filming on a short term basis and requires insurance. Equipment coverage can apply to any rented film production equipment as well as rented props, sets and wardrobe up to the specified policy limits. Commercial General Liability coverage can also be purchased either together with equipment coverage or on a standalone basis. If you would like a free non-obligation quote or to purchase coverage, please visit our Short Shoot policy website here. *Currently we are only able to provide this coverage to Canadian Producers. If you require this coverage from outside of Canada please contact your local Front Row office for assistance.

The Dice Package Policy is intended to provide insurance for documentaries, corporate videos, commercials, educational films music videos and more. It is best suited for producers who are planning to produce projects other than feature films or TV series. This can provide coverage for a full year for Rented and Owned equipment as well as Props, Sets and Wardrobe, Office Contents, Vehicle Physical Damage and more. Commercial General Liability coverage can also be purchased either together with the equipment coverage or on a standalone basis. If you would like more information or to request a free non-obligation quote, please visit our DICE Policy website here. If you are a US based Producer please click here instead.

For more information please see the infographic below.

DICE - Short Shoot Infographic (Canada).jpg

Tags: DICE Insurance, DICE Policy, Short Shoot Insurance, Short Term Equipment Insurnace, short term production insurnace, Front Row Insurance Brokers, Educational Film Insurance, Short Film Insurance, Short Film Production Insurance, Film equipment rental insurance, educational film production insurance, documentary productions insurance, Commercial Production Insurance, corporate video insurance, music video insurance, music video production insurance

The Annual Film Production Insurance Package Made Easy

Posted by David Hamilton on Sep 13, 2017 4:46:15 PM

The Annual DICE Insurance Policy takes the hassle out of purchasing film insurance for your film productions. It is flexible, affordable, and customizable designed to fit your individual needs. 

This policy will not only save you time, it will also save you money. Insuring all your productions under one policy helps to cut the costs, as it will reduce the administrative expenses associated with insuring each production individually, and these savings are passed onto you.

The Annual DICE Policy is specially designed to provide:  insurance for commercials, documentary insurance, coporate video insurance,educational film insurance, music video insurance, training video insurance, short film insurance, and still photography insurance.

Check out our Infographic below for coupon savings and more.

DICE Infographic Hyperlink.jpg

Interested in seeing more? Visit the Front Row Insurance Website for a free no obligation quote!

Tags: DICE Insurance, DICE Policy, Entertainment Insurance, Front Row Insurance Brokers, corporate video insurance, Documentary Insurance, Commercial Production Insurance, music video insurance, music video production insurance, educational film production insurance, Short Film Insurance, Educational Film Insurance, Film Production Insurance

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