Errors and Omissions Insurance (E & O Insurance) is something every movie producer needs if they want to sign a movie distribution deal.
I’m not an entertainment attorney or insurance salesperson, but Errors and Omissions Insurance protects you and the movie distributor you sign a deal with from different lawsuits common in the entertainment business.
These include allegations of breach of contract, copyright infringement, defamation or degrading of products (showing trademarks on camera), invasion of privacy, infringement on title, slogan and lots of other nasty legal salvos.
It’s an insurance policy that protects a movie producer and movie distributor’s ass in the course of doing business in the entertainment industry.
Errors and Omissions Insurance doesn’t deal with the creative side of making movies, so lots of times some indie movie producers don’t plan for it in their movie budgets.
But if you want to sell your show to a movie … Read More