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Now, COVID insurance for films
Updated On: 09 July, 2020 07:17 AM IST | Mumbai | Mohar Basu
Hoping to take Taapsee Pannu-fronted Looop Lapeta on floors post-Diwali, producer Atul Kasbekar in talks with a legal firm to seek financial cover for movie, crew.
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Taapsee Pannu
In the post-pandemic world, film shoots as we knew them will no longer be the same. Recognising the need for action in these unprecedented times, producers Atul Kasbekar and Tanuj Garg of Ellipsis Entertainment have initiated talks with a legal firm to get COVID-19 insurance for their future projects, thus setting a precedent for the industry at large. Taapsee Pannu and Tahir Raj Bhasin-starrer Looop Lapeta, the Indian adaptation of German cult film Run Lola Run (1998), is likely to be the first film under their banner to be covered under the plan.
Kasbekar reveals that they are in the nascent stages of formulating the insurance plan. "We are in talks with the legal expert, Anand Desai of DSK Legal. Insuring a film so far implied guarding the product against unforeseen incidents like the illness of an actor or occurrence of natural calamities leading to delays in the schedule. Since COVID is a new development, we are working out the details of what the insurance plan should entail. Hypothetically, if a crew member tests positive, the entire unit will have to be quarantined, leading to the shoot being halted. If the film is covered under the insurance plan, the producers will not incur a financial loss stemming from the delay," explains Kasbekar.
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