Note: This is a general summary of coverages and it is not intended to give complete policy information. All coverages and exclusions
are found in the policies.
Coverages and services
described in this website are generally stated for the purpose of
promotion. The material does not modify or amend the terms,
conditions, or coverages of any policy. Please ask your Supple-Merrill
& Driscoll, Inc. representative to explain coverage details,
exclusions, limits or other provisions of any insurance policy.
What
types of equipment can be covered?
1.
Editing/Post-Production Equipment - Post-Production, film
and video editing, Computer-Generated
Special FX Equipment, Audio Sweetening, Animation, etc.
2.
Recording/Studio Equipment -Sound Recordings (in studio)
3. Sound/Location
Recording Equipment - Sound Recordings (on location)
4.
Musical Instruments/Band Equipment - Any & all kinds of
musical instruments (used on location
or in studio)
5.
Camera/Production Equipment - Any & all kinds of camera
equipment (still cameras, video cameras,
motion picture cameras, grip, lighting, lenses, tripods, and
related accessories)
6. P.A./Sound
Reinforcement Equipment - Used on location for live events
7.
Rented Equipment - Equipment rented from others (Policy
cannot be written solely for rented
equipment.
Rented Equipment cannot exceed 300% of total Owned Equipment
Limit.)
8. Office
Contents - Excluded unless scheduled
9.
Miscellaneous -Any type of unscheduled equipment. Limited to
$500 Maximum per item and
$10,000
maximum per Policy.
Covered Causes
of Loss
Coverage
is provided for scheduled owned equipment and is extended to
equipment you rent or borrow
from others. If you rent or loan equipment to others you must
request a certificate of Insurance
naming you as loss payee. Coverage
is provided for damage, destruction or loss resulting from covered
losses that include but are not
limited to: fire, theft, vandalism, breakage and water damage.
Theft from an Unattended
Automobile is covered, only if there are visible signs of forcible
entry. Coverage is provided for
the cost to repair or replace equipment with new equipment. If the
equipment is not
replaced,
it will be covered at Actual Cash Value.
Rental
Reimbursement
If
you suffer a loss, you may need to rent substitute equipment while
your equipment is being repaired
or replaced. Rental Reimbursement covers the cost of renting the
substitute equipment for up to
30 days. The deductible is 3 rental days.
Coverage
Territory
The coverage
territory is worldwide, excluding the following countries:
Egypt, Jordan,
Iran, Iraq, North Korea, Persian or Arabian Gulf and
adjacent waters including the Gulf
of Oman north of 24 degrees north, Angola, Israel, Lebanon,
Syria, Libya, Eretria, Gulf of Aquaba,
Somalia, All territories within the Republic of Yugoslavia,
Zaire, Liberia, Georgia, Haiti, Yemen,
Sri Lanka, Commonwealth of Independent States (C.I.S.), and
Estonia, Latvia, and Lithuania
areas formerly known as the Union of Soviet Socialist
Republics (U.S.S.R.)
Major
Exclusions
1. If the person
you rent equipment to does not return it to you.
2.
Wear and tear, electrical surge, mechanical breakdown,
confiscation by government,
dishonest
acts, intentional damage, damage while being repaired, and
mysterious
disappearance.
3. This policy
excludes coverage entirely for sub-renting equipment that
you have rented.
