Equipment All Risk Insurance

Equipment All Risk Insurance covers the physical loss or damage to owned film, photographic or music equipment used in film and entertainment businesses. This policy can also cater for Exhibition All Risk over a short period of time for items such as marquees, stages, and goods used at an exhibition. The insured has the option to request cover on an either per-production or on an annual basis.
Most of these policies are covered on a stand-alone basis. The equipment is either covered on an agreed value or replacement value basis, and no average is applied. The policy extends to include cover whilst the equipment is being hired out to third party professionals in the market and can include loss of rentals on request. If Equipment is Hired out to Third Parties then please let us have a copy of the standard agreement used.
Proposal Form and Specified list of equipment:
We will require a completed proposal form and the insured must provide us with a list of all items to be insured.
Main Exclusions to be noted:

  • Absconsion
  • Confiscation
  • Theft from unattended vehicles
  • Wear and tear, mechanical or electronical breakdown, but cover for power surges is included

Additional Cover upon request:
Loss of Rental or Increased cost of additional rental Charges Commercial Liability
Cover provided for a Once-off Event:
Understand when cover should be effective, upon delivery, once it has been erected. Who is responsible for the Transit to and from the Venue / Location? A proposal form will be requested and the be sure that the terms and conditions of these rentals are clear prior to accepting the responsibility.
Note: This is a summary of relevant points. Please refer to the full policy wording for details.