FAQ – Film insurance
Clear answers to the questions we are most frequently asked about media production insurance.
We can provide media and film productions with:
A media production insurance policy protects you from a wide range of risks throughout the filmmaking process – from pre-production to post-production. It covers issues such as equipment damage, editing errors, or an actor unexpectedly dropping out.
- Film material
- Non-appearance cast/crew
- Extra expense
- Production material
- Third-party property
- Cash money
Read here what exactly the various types of cover entail.
If key individuals – such as lead actors or the director – fall ill or are unable to work for any reason, additional costs may arise. For example, certain scenes might need to be postponed until they return. This coverage reimburses those extra costs.
Please note: You must specify which individuals you want covered before filming begins.
Depending on the production budget, you may be required to provide health certificates for the insured individuals.
That depends on the type of production. Films, series and TV productions can take out non-appearance cover for up to 12 people. DICE productions (Documentaries, Industrial, Commercial, Educational) for up to 8 people.
Media production insurance is a smart choice for all types of productions, including:
- A lack of permits.
- Insufficient interest in the production.
- Lack of financial support.
- Infectious diseases.
- Damage caused by motor vehicles.
- Damage resulting from cybercrime or cyber incidents.
- Inherent defect and wear and tear of materials.
- Intent, recklessness and fraud.
A completion bond is a guarantee agreement entered into by a producer for the benefit of the financiers of a film production. By entering into a completion bond, the production company guarantees to financiers that the film will be completed. And if completing the production ultimately turns out not to be possible, the completion bond makes sure the financiers get their money back.
No Risk is the only company in the Benelux offering this product.
E&O insurance protects film producers if a claim is made against them. For example, if they are accused of violating copyrights, defamation, invasion of privacy, plagiarism or damaging a trade name, E&O insurance ensures that all the legal costs are covered.
We work with the company On Set Finance. On Set Finance provide cash flow loans to film productions. Get in touch if you want to know more about this cashflow facility, and whether your production is eligible.
No, we are not tied in any way to particular companies. We look at what the best insurance is for each production, always consulting with the producer or filmmaker, of course.
In the event of a claim, please contact us immediately. Read more here about reporting damage and how claims are handled.
Yes, it is €350, excluding fees and insurance tax.
When you take out insurance, you have to pay insurance tax on the insurance premium. Usually this is 21% of the premium, but for media production insurance, we are able to charge 13.45%.
