Production Insurance

Here is how this works in practice. Production insurance in South Korea has to satisfy two audiences at once: the local rules and the global distributors and TV networks who need coverage that travels. Industrial accident compensation through COMWEL is mandatory for every worker on set. Employer liability, public liability and vehicle insurance limits are watched closely by district offices and location owners across Seoul, Busan and Incheon. Heritage locations administered by the Cultural Heritage Administration. Gyeongbokgung, Changdeokgung, Bulguksa and the temple network on Bukhansan and Seoraksan — carry their own liability needs. Studio campuses at Namyangju, Paju and Centum City each publish minimum cover before they will release a stage.

Here is the short of it. We set up placement through Korean brokers and global entertainment experts skilled in East Asian production. Cast insurance, negative and media coverage, gear and props, errors and omissions. Extra-expense protection are sized to the actual exposure of each project, from a single-day commercial in Hongdae to a six-month series moving between Seoul, Busan and Jeju. Certificates are issued within twenty-four hours of binding.

Here is the breakdown. We keep the relationships with KOFIC, KOCCA and regional film commissions that allow us to evidence cover fast when a permit or location agreement is in flight. If a claim arises during the shoot we manage records, liaise with adjusters and keep your production accounting team supplied with the paperwork they need to keep the schedule moving.