How Much Does Artist Liability/Key Man Insurance Cost?
Whether an up and coming internet celebrity or an established artist, the most attended shows are those by an artist with a huge fan base. For this reason, an artist’s or a spokesperson’s recklessness can add unnecessary expenses, and losing a key artist can be devastating to an operation.
With Film Emporium's Artist Liability Protection Program it is simple to protect your interests. It does not matter if your show is a one-time event, a tour, an annual concert or a daily web blog, it is important to protect your investment from unexpected occurrences. These include an artist’s liability, equipment loss, sudden death or disability or a spokesperson’s damaging actions.
Key Man Insurance
Provides financial protection if a key artist dies or becomes disabled. AD&D (accident, death and dismemberment) or disability policies can be selected.
The Shell Corp program is for incorporated individuals in the entertainment industry such as: actors, directors, producers, writers, cameramen, singers, musicians, composers, radio/TV broadcasters, athletes, coaches and trainers. A wide array of professions are eligible including actors, directors, producers, writers, cameramen, singers, musicians, composers, radio and TV broadcasters, comedians, public speakers and lecturers, athletes, coaches, trainers and more. Some programs are flexible enough to allow for touring entertainers to endorse their shows onto the policy. Available coverages include property, general liability including personal liability, workers comp/employers liability, auto and excess liability.
E&O /Errors and Omissions Coverage
Errors and Omissions coverage offers specialized coverage for a wide variety of media risks against the devastating impact of lawsuits for libel, slander, invasion of privacy, infringement of copyright and other specified torts. There are several different types of policies, based on profession and industry type: producers, publishers, musician’s, etc.
Blogger’s Liability, Publisher’s E&O
Publisher’s liability insurance is for a publisher of any size or type: small, large, book, magazine, newspaper, trade, directory, music, greeting cards and calendar, electronic (Internet), print-on-demand, CD ROM, audio book or a freelancer, writer or an author. Publisher’s liability insurance is also referred to as media perils liability insurance, publishers or authors errors and omissions protection.
Provides coverage for performers, publishers, producers, songwriters, distributors in the field of music against lawsuits for perils such as copyright infringement, invasion of privacy, etc.
Art Collections, Galleries, & Artist Liability
While every project and policy are different, ballpark premium pricing for short term production insurance starts at $450.00 (commercial general liability of $1,000,000 policy limit). Higher limits, additional coverages and longer term annual coverages are also available. Please note each production application is separately quotes and priced. Although we do our best to give you the cheapest rate possible, we also want to give you the best policy available. Film Emporium’s brokerage team contacts all markets on your behalf to provide the lowest priced movie production insurance premium and best coverage option for your project.
While every policy and artist are different, ballpark premium pricing for artist liability and key man premium starts at $1000.00 for a $250,000 limit policy. Higher limits are available. Please note each artist liability application is separately underwritten and priced primarily based on the artist’s profile and exposure, to mention only a few. Although we do our best to give you the cheapest rate possible, we also want to give you the best policy available. Film Emporium’s brokerage team contacts all markets on your behalf to provide the lowest priced artists liability and key man insurance premiums best coverage options for you.
The content displayed on this website is for informational purposes only and is not an offer of insurance. The purpose of the provided information is to assist in the general understanding of available coverage and does not modify the terms and conditions of any insurance policy, nor does it imply that any claim is covered. Coverage is subject to underwriting approval and the referenced coverage on this website may not be available in all territories and may vary depending on exposure. Coverage is also subject to minimum premiums that may vary by state.
Read Definitions of Insurance for more details.
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