What is Cast Coverage Insurance?
Cast insurance protects production companies if principal cast members get injured or fall ill, incurring additional expenses until they return or get replaced. It protects actors against financial losses from accidents, illnesses, or injuries while filming. Coverage varies but can include medical treatment, hospitalization, rehabilitation, and income loss, providing peace of mind for actors and producers by mitigating risks and financial losses from unexpected events.
- Other coverages include stunts, watercraft, aircraft, drones, pyrotechnics, and animals.
What Insurance Does a Production Company Need?
Cast insurance protects production companies if actors get hurt or sick, incurring additional expenses until they return or get replaced. It gives actors and producers peace of mind by reducing risks and financial losses from unexpected events.
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Types of coverage: accident and illness/injury.
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Flexible plans suit different needs.
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Combine cast and crew coverage with other protections to bundle and reduce premiums.
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Consider extra options like weather insurance depending on production type.
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Discuss with providers for project necessity.
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Exclusions happen like when stars can’t film due to sickness, injury, or death, costing producers hundreds of thousands of dollars per day.