For Quick Alerts
For Daily Alerts

Film Insurance: Baahubali 2 Gets A Rs 200 Crore Future Generali Cover


Future Generali Insurance Company insured the Telugu movie 'Baahubali 2' for over Rs 200 crore under its film package insurance product.

According to the private insurer, the policy covers the risks related to the film during the pre-production to post-production stage.You Won't Believe, These Insurance Covers Exist In India

"The policy insures the film against unforeseen incidents like death, illness of an actor or occurrence of natural calamities or accidental damage leading to delays in the film schedule. It also includes coverage against accidents that damage equipment while shooting is in process", Future Generali said in a statement here.

Film Insurance: Baahubali 2 Gets A Rs 200 Crore Future Generali Cover

"Additionally, the policy covers insurance against its legal liability to pay damages for third-party civil claims arising out of bodily injury or property damage caused in the course of the event by an accident in the premises where it is held and during the policy period," it said.

"Baahubali 2: The Conclusion" is directed by SS Rajamouli and produced by Shobu Yarlagadda and Prasad Devineni and is touted to be the most expensive made film in the country till date.

KG Krishnamoorthy Rao, managing director and chief executive at Future Generali, said the film industry is increasingly opting for insurance cover.

"In fiscal 2017, we've issued 160 film insurance policies, mostly in Bollywood. We would now like to focus on the Southern market as well since we are confident of catering to the unique requirements of the film industry," he said, adding till date, it has insured 372 films.

Read more about: insurance
Story first published: Friday, May 5, 2017, 14:20 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more