Broadcast News

Bookmark and Share

Red card for underinsurance of broadcast equipment

Travelling to Germany to film the World Cup can be an expensive trip if you have not sorted out your insurance beforehand.
With many cameramen, sound engineers and editors owning equipment averaging £50K, Rebecca Dalgetty, team leader of Aon’s InFocus: Entertainment and Media, provides top tips for world cup film crew to protect their assets, and themselves, from the risks that comes with the job:
  • Value your equipment - Firstly, calculate the actual value of all your kit, ensuring you have included the value and cost of replacement. For example, if your kit gets lost or stolen abroad, you need to make certain that your not underinsured.
  • Overseas cover - If you are only covered for the UK, you will need to take out an extension for your time in Germany, otherwise any claim made abroad will not be valid.
  • Employers liability and public liability risks - Talk to your employer to see if you are covered under their liability policy. If you are responsible for employees and freelancers, make sure you have cover for them should any property be damaged or third parties injured for which you are held responsible
  • Travel insurance - Take out a business travel insurance policy - as you do when going holiday - to pay for medical expenses if you fall ill or for cancellation.
Dalgetty said: "Freelancers are transporting, in some instances, their entire livelihood, so amid the football frenzy they need to think carefully about the consequences of damage to or loss of equipment when in Germany. One common problem is underinsurance, when the value of equipment is not accurately represented, to obtain a lower premium. Underinsuring your kit will result in a reduced payout in the case of a claim and is a false economy in the long term.
"Smaller companies face the same exposure as freelancers. If you owned £100,000 of equipment and only paid insurance for half of it, in the event of a loss, say fire or theft, you would only receive a proportion of your sum insured. Underinsurance could have devastating consequences on freelancers or smaller companies' bottom line."
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

Robycam Germany Appoints Joint Managing Directors
Robycam Germany has appointed Philip von Senden and Stefan Breder as the new joint Managing Directors. They will establish the new company in the mark
Robycam Germany Takes Over Rental And Sales
Newly founded company Robycam Germany GmBH has taken over the rental and sales of the Robycam cable camera systems. Robycam Germany GmbH will be joint
Rotolight Launches New On-The-Go Three-Light Kit
Rotolight has launched its portable new three-light kit for photographers and filmmakers on the go. The NEO 2 Explorer Kit weighs 6.8kg and is can be
AJA Kit And vMix Successfully Deployed For Church Live Streams
AJA KONA 4 and Io 4K have been deployed by the Auburn Grace Community Church (AGCC) to live stream sermons on YouTube. "We live in a media-driven cult
These Filmmakers Are Earning Money By Renting Out Their Own Equipment
What Is Fat Lama and How Does It Work? Fat Lama is a peer to peer rental marketplace for your stuff. Whether you've got a gimbal which you only use oc
Scrub Supplies Equipment For ITN Productions
Scrub, the Soho-based and post-focussed division of HHB Communications, has supplied a ProTools | S6 console and Genelec monitoring for a new audio su
Quasar Science Joins Forces With Matthews Studio Equipment
Quasar Science has joined forces with Burbank-based Matthews Studio Equipment to create the future of LED rigging support. Utilizing MSE's new MyWayGr
ES Broadcast Hire Invests In Sony Equipment
ES Broadcast Hire has announced a significant investment in Sony equipment. The news was revealed at IBC2017, and the investment involves Sony 4K HDR
Drama and Long-Form Equipment Hire Services
Are you filming a project with a shooting schedule of 10 days or longer? If you are, then check out our unbeatable deal for long-form filming. We are
AMP VISUAL TV Uses Riedel Equipment For New OB Van
AMP VISUAL TV has equipped its new 4K HDR outside broadcast (OB) van Millenium 6 with an array of equipment from Riedel Communications. Riedel gear wa
Cache Media Delivers Marshall Equipment To Production AV
Cache Media has confirmed it has sold four new Marshall CV225-M Lipstick cameras and a Marshall CV-RCP 100 touchscreen controller to AV rental company
Four Things Every Creative Pro Should Consider For Production Insurance
Spotting a film crew in action can be exciting and intriguing for the general public. But behind the perceived glitz and glamour, experts in the broad
Location, Location, Location (Permit)
Finding that perfect setting as a backdrop to your film can feel like the cherry on the cake – but take a breath before booking your permit. Location
What To Consider When Purchasing Insurance
Finding the right cover for your studio can be difficult, it is not just about insuring the building! You need a robust insurance policy which protect
Fineline launches range of broadcast insurance products
Fineline Media Finance, provider of finance to the broadcast industry, has launched a range of insurance products specially designed to meet the needs