November, 2000
Commercial Inland Marine Program
Summary: The film coverage form (CM 00 45) provides broad coverage for exposed motion picture and magnetic or video tapes, including sound tracks and other sound records. Any person or firm engaging in commercial production of motion picture films or the commercial recording of magnetic or video tapes is eligible for coverage. Like the other coverage forms in the current Insurance Services Office (ISO) commercial inland marine program, the form is combined with a declarations page, common policy conditions form (IL 00 17), and inland marine general conditions form (CM 00 01) to make a policy. Following is a discussion of the form.
Topics covered:
Introduction
Insuring agreement
Property not covered
Causes of loss
Collapse
Exclusions
Limits of insurance and deductible
Additional conditions
The film coverage form is for those engaged in the production of commercial films or in commercial recording of magnetic or video tapes. It may be written on a reporting or nonreporting basis, and restricted to certain locations. When written on a nonreporting basis, form CM 45 01 is added. Consult the commercial lines manual (CLM) for rules.
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