Negative Film & Faulty Stock Insurance
Negative Film / Videotape and Faulty Stock Insurance can be put in place to cover the additional expenses that a production company could incur in order to re-shoot or edit footage due to a loss.
Negative film & videotape insurance:
Coverage against all risks of direct physical loss, damage, or destruction of digital media, raw film or tape stock, exposed film (developed or undeveloped), recorded videotape, soundtracks and tapes, up to the amount of the insured production cost.
Coverage does not include loss caused by:
- fogging
- faulty camera or sound equipment
- faulty developing, editing, processing, or manipulation by the cameraman
- accidental exposure to light, dampness or temperature changes
- errors of judgment in exposure; lighting or sound recording
- using the incorrect type of camera, lens, raw film or tape stock
Faulty stock, camera & processing insurance:
Covers loss, damage or destruction of digital media, raw film or tape stock, exposed film (developed or undeveloped), recorded videotape, soundtracks and tapes, caused by or resulting from fogging or the use of faulty equipment (including cameras and videotape recorders); faulty sound equipment; faulty developing; faulty editing and faulty processing; and accidental erasure of videotape recording.
Coverage does not include loss caused by:
- errors of judgment in exposure, lighting or sound recording
- using the incorrect type of camera, lens, raw film or tape stock
This coverage can only be purchased with Negative Film and Videotape coverage. No coverage applies unless ALL equipment is fully tested and proved sound at the commencement of filming / taping.
Did you know?
Most broadcasters and financing bodies require the limits for Negative Film/Videotape, Faulty Stock, Camera and Processing coverages to be the full limit of the budget.
To obtain a no obligation insurance quote for your project, please click on one of the links:
Short-Term Production Insurance: Coverage can include Commercial General Liability, Film Equipment Insurance, Props/Sets/Wardrobe coverage, Automobile Physical Damage and more.
Film Production Package For a Single Production: Film Production Package for a single production: features, television series, documentaries, and more.
Blanket Annual Production Package: A convenient way of administering your insurance if you anticipate multiple productions in the next twelve months. This type of policy covers Documentaries, Corporate Videos, Commercials, Educational Films, Music Videos, Shorts, and more.
