X-Hal
Imported Account
Sep 27, 2001, 11:02 AM
Post #2 of 2
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Re: Errors and Omissions Insurance
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ERRORS AND OMISSIONS insurance is generally required before your program can be aired or distributed.
Distributors or Broadcasting stations require that you indemnify them from claims as a result of the content of
your production. Unless you are very wealthy they are going to require an insurance policy to back your
indemnification. This policy is commonly called Errors & Omissions.
HINT: To obtain this policy the insurance company is going to require that you obtain the necessary
clearances from the actors, all necessary music and script rights, etc., and you may have to submit either your
script or a tape for review.
The distributor or broadcasting station will require that the policy cover them for the entire rights period granted.
HINT: Try to obtain a policy that will cover this extended period for a one-time premium. Walterry's policy does
exactly that.
What this boils down to is that you can't license a program to
a broadcast or cable station unless you have this insurance so
they won't be sued if you "forgot" to get a release or clearance
from someone. Below is a link to an insurance company that sells
E&O insurance to film, video and TV producers.
http://www.walterry.com/Progs/Natl/Film_and_TV_Producers/#Errors
Hal
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