return to Film Productions

Acquisition and Development E&O

Acquisition & Development and Film Library E&O coverage. Limits up to 5,000,000.

Program Highlights

The Acquisition and Development Errors & Omissions Insurance Policy provides coverage:

  • On a blanket and unscheduled basis for Acquisition and Development, and
  • On a scheduled basis for the Film Library (if any).

The policy protects the production and/or distribution company from various lawsuits that allege:

  • Unauthorized use of names, trade names, service marks, titles, formats, ideas, characters, character names, characterizations, plots, musical compositions, performances, slogans, program material or any similar material
  • Breach of implied or implied-in-fact contract arising out of the alleged submission of any literary, dramatic, musical or other similar material, or breach of trust and confidence arising out of any such submissions.
  • Invasion of privacy or publicity
  • Libel, slander or other forms of defamation
  • Infringement of copyright

Eligibility Requirements

Eligibility requirements for the Acquisition and Development E&O program include:

  1. No prior losses
  2. All prior works must have secured E&O coverage (applicable to Film Library)

Coverages

Coverages available through the Multimedia Production E&O program include:

  • Limits up to 5,000,000
  • Annual Coverage Term
  • Worldwide Coverage Territory
  • Claims Made or Occurrence Coverage Basis
  • Additional Insureds
  • Deductible options from 10,000 up to 100,000

About the Acquisition & Development Component

Acquisition & Development of projects are covered on a blanket basis whilst the project is in the acquisition and development stages of the production cycle. The Acquisition & Development coverage for a given project terminates when either of the following occur:

  • Principal photography commences for any project, program or production.
  • Rehearsal commences for any live theatrical production.

When either of the above occur, the Acquisition & Development policy continues in force for other projects that remain in the acquisition and/or development phase. However, productions that have commenced principal photography or live theatrical productions that have commenced rehearsals should purchase coverage via a separate Multimedia Production E&O policy.

About the Film Library Component

The Film Library provides coverage on a scheduled basis for projects:

  • Owned by the insured (or an existing subsidiary)
  • Produced by the insured (or an existing subsidiary)
  • Insured via a production E&O policy at the time of the project’s original release or airing.

Eligible States

The Abacus Acquisition and Development E&O program is currently available for clients located in the indicated states. Hover over each state for a list of lines of business available.

The content displayed on this website is for informational purposes only and is not an offer for insurance. To apply for insurance, contact your broker.
Coverages referenced on this website may not be available in all territories and may vary depending on the exposure. Minimum premiums may vary by state.

Grow Your Business with Abacus

Join our broker network today and take advantage of the easiest way to transact insurance online.