An Entertainment Insurance Update
Have you considered the cost to you if your production had to shut down for a week, month, or even longer? We have, and we can offer a few tips to help your entertainment business continue even in the midst of a shut down.
A production can be shut down for a number of reasons. Your business or commercial insurance policy will cover the cost to repair or rebuild your building, and replace business property. But are you protected if it takes time to re-start production? Business Interruption Insurance keeps you financially stable during the period that you are forced to vacate. You can continue to provide your employees with pay, and manage bills during the period in which the business cannot operate.
When considering business income, you also need to determine if you have certain risks that would require specific limits within the overall coverage. If these are not managed correctly, you may suffer a loss and not have enough insurance to ensure your recovery.
We can also provide coverage for those times when your key talent is lost. Having the right coverage when your talent is injured can stop production and cost your thousands of dollars.
The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance. We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies. This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses.