HIGH LIMIT KEY PERSON INSURANCE COVERAGE FOR ACTORS
Insurance for actors
The entertainment industry has a large variety of risk management exposures that require a special approach and expertise. Actors, musicians and entertainers often cannot obtain adequate insurance coverage from traditional insurance companies. Film studios, record companies, theatre companies and event planners rely on the abilities of their top performers to generate revenue.
Front Row Insurance Brokers provides unique personal and contractual high limit insurance solutions for the entertainment industry.
COVERAGE INCLUDES:
- Key Person Disability Coverage
- High Limit Disability Coverage
- High Limit AD&D
- Non-appearance/Event Cancellation Insurance
- Contractual Indemnification
- Kidnap and Ransom
- Contingency Coverage
Case Study:
The firm designed a personal disability policy for one of Hollywood’s A List actors earning an excess of $15,000,000 per film. The policy would pay him an aggregate benefit of $55 million in the event of a disability. To adequately cover his affluent lifestyle, the policy was structured to pay $500,000 a month. If after 60 months the actor was deemed permanently disabled, he would receive a lump sum payout of $25 million to cover loss of future earnings.
Case Study:
A famous recording artist was preparing for a worldwide concert tour to promote her top selling debut album. The firm secured non-appearance coverage for her management company. The coverage protected her from losing potential earnings if she had to cancel a tour appearance due to death, illness or other unexpected events.
DISCLAIMER: All information contained herein is subject to change at any time. The case studies contained herein are representations only and may be fictitious; they are not intended to imply actual people and/or situations. The information herein in no way represents or warrants a guarantee of coverage. Front Row Insurance Brokers, Inc. will not be held liable to anyone in connection to the misuse or misrepresentation of the contents herein.