Prevalent trend of people insuring movies for protection against mishaps

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Wednesday, Sep 12, 2012

Prevalent trend of people insuring movies for protection against mishaps

From making of movie to release, producers are pushed to the plight of encountering innumerous difficulties.  There are fire-accidents in sets, there are floods, and technicians, actors and actresses sustain injury.

So as to protect themselves, people have started insuring their movies.  Movies starring Vikram as Raavanan, Raja Pattai, recently released movies as Mugamoodi and Naan Ee were insured.

As the set for Raavanan was washed away by floods, they seem to have received compensation through insurance.  Also, ,movies as Kochadaiyaan starring Rajini, Viswaroopam starring Kamal Haasan, Irandaam Ulagam starring Arya, Mani Ratnam’sa directorial venture Kadal and Paradesi directed by Bala have been insured.

A producer who spoke regarding this mentioned ‘Recently, one among movie crew was admitted in hospital following injury.  Since the movie was insured, the injured person received Rs. 1 ½ lakhs as compensation.  They collect just 0.3 percent to 1 percent from the movie’s budget.

Tags: prevalent trend of people insuring movies for protection against mishaps, tamil movies,tamil cinema news.


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