By Admin 
Sikander Film Makers Appeal for Insurance Policy:
Salman Khan’s film Alexander’s makers are in discussion about the insurance policy these days. Let us tell you how films are insurance and if you get back when flops are returned. Or how do makers claim policy.
What is the insurance policy of films? Do you get insurance when flopped?
On hearing the insurance policy, it comes to mind that after the movies flop, the filmmaker gets some compensation but there is nothing like that. Aditya Dhar, producer of Article 370, said that box office business has no connection with the insurance of films. Talking about the insurance of films, director Mehul Kumar said that the premium of insurance policies depends on the budget of the film. The premium of these policy is usually 1 to 2.6 percent of the film’s budget. In addition to the film shooting schedule and location, the production house for the policy has to pay the entire budget along with the money paid to the actors.
Then how can you claim these insurance?
According to Senior Journalist Clerk Verma, today about 90% of films are insured and it mainly consists of three types of insurance.
First, health insurance which is only for cast and crew. In this, if a cast or crew member gets hurt or he was injured during the shooting, then the insurance company gives compensation for medical treatment. The second is, the set insurance is insured on the shooting sets and location of films. If there is any kind of accident or accident on the set, then the insurance company compensates. 2 years ago, when there was a fire in the set of ‘Missing Hai Kiri’, the insurance company raised the entire loss and there was no loss of production. The third is Equipment Insurance. In this, expensive equipment used in pre production, production and post production is insured. This expenses raise this expense only after theft or any kind of damage. However, this insurance can be claimed only if there is loss of things included in the policy. 
In these cases, you cannot claim insurance?
After Paresh Rawal and Akshay Kumar starrer film ‘Oh My God’, the concept of the Act of God became famous. It means a disaster like flood, earthquake, epidemic, on which a human being does not just walk. In this way, you cannot claim insurance. No production house can claim insurance on the incidents under the Act of God.
Apart from this, even if there was legal action on a film or serial, an insurance claim cannot be done.
When did this insurance trend start?
In 1998, Subhash Ghai insured his film ‘Taal’ for the first time. Sanjay Dutt was arrested during the shooting of his own film ‘Khalnayak’, causing the filmmaker to face a lot of loss. After this, he got 12 crores insured by Mukta Arts Private Limited, a company of United India Insurance, for his next film. Only after this, insurance trend started in the film industry. But today these trends are not limited to films, the production houses of many serials also take advantage of this insurance policy.