Production Insurance

Production insurance in South Korea must please two audiences at once. Local rules come first. Yet global distributors and TV networks also need cover that travels. Industrial accident compensation through COMWEL is required for each worker on set. District offices and location owners across Seoul, Busan and Incheon watch employer liability, public liability and car insurance limits closely. Heritage sites run by the Korea Heritage Service carry their own liability needs. These include Gyeongbokgung, Changdeokgung, Bulguksa and the temple network on Bukhansan and Seoraksan. Studio campuses at Namyangju, Paju and Centum City each set a minimum cover before they will release a stage.

We place cover through Korean brokers and global entertainment experts. They are skilled in East Asian production. Each policy is sized to the real exposure of the project. This spans cast insurance, negative and media cover, gear and props, errors and omissions, and extra-costs protection. The scope can fit a single-day commercial in Hongdae or a six-month series across Seoul, Busan and Jeju. Certificates are issued within 24 hours of binding.

We keep close ties with KOFIC, KOCCA and regional film commissions. So we can prove cover fast when a permit or location deal is in flight. If a claim comes up during the shoot, our team handles records and works with adjusters. We also give your production accounting team the forms they need to keep the schedule moving.

Premiums are quoted in Korean Won and built around the real exposure of the shoot, not a flat package. We set out the 10% VAT line, the deductible on each section, and the payment schedule so your accountant can fold the cost into the master budget cleanly. Where a project qualifies for the KOFIC incentive, we make sure cover documents satisfy the rebate audit. You see what each layer of protection costs before you bind, with no surprise loadings later.

Crew and cast cover has to match how Korean shoots staff up. COMWEL industrial-accident registration runs through the production for every worker on set, and we line that up with employer liability and accident cover for heads of department and day crew. Stunt, aerial, water, and night work each carry their own risk loading, so we price those scenes against the activity. For cast, we arrange medical and essential-element cover that keeps a lead-driven schedule from collapsing if illness strikes.

Locations and logistics shape the policy as much as the cast. We extend public liability and property cover to the exact sites a shoot uses, from Han River bridges and Gangnam rooftops to Jeju coastline and remote Gangwon Province units. Vehicle and equipment-in-transit cover follows the gear between studio campuses at Paju, Namyangju, and Centum City. Where a unit films near the DMZ or on Korea Heritage Service land, we raise limits to the level those owners demand before access is granted.