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Negative insurance


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#1 Sridhar Kumar

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Posted 22 September 2016 - 04:54 PM

In one of the book I am reading now, the author mentioned about negative insurance but no explanation was given. My understanding is, this insurance is for the film negative. Is this correct or does this have completely different meaning?


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#2 Tyler Purcell

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Posted 23 September 2016 - 01:26 AM

Yes, it's insurance for the film negative. This is to protect the production so if there is any damage or loss to the negative, they can file a claim to help pay for reshoots.

These sort of policies exist on film sets for actors as well. For instance, if an actor is injured or sick during a production and can't work, there is a policy to cover re-shoot dates.
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#3 Sridhar Kumar

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Posted 23 September 2016 - 11:04 AM

Thank you.


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