Entertainment and Insurance

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Errors and Omissions Errors & Omissions (E&O) Insurance covers legal liability and defense for the production company against lawsuits alleging unauthorized use of title, format, ideas, characters, plots, plagiarism, and unfair competitions. The policy also protects for alleged libel, slander, defamation of character, or invasion of privacy. Script or other written material must be read and approved by the insurance company's underwriter attorneys. Script clearance rights must be obtained for materials used, titles, etc. E & O endorsements along with exclusions include the following: Music Exclusion & Special Provisions (unless declared) Film Clips (exclusion) Injunction Coverage (exclusion) Punitive Damages Coverage Manuscript blanket included Most favorable venue Acquisition & Development Coverage on Existing Production Defense Outside Limits Additional Insured Endorsement

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Not only are policy forms, clauses, rules and court decisions constantly changing, but forms vary from company to company and state to state. This material is intended as a general guideline and might not apply to a specific situation. The authors, LunchTimeCE, Inc., CEfreedom, and Insurance Skills Center, and any organization for whom this course is administered will have neither liability nor responsibility to any person or entity with respect to any loss or damage alleged to be caused directly or indirectly as a result of information contained in this course.