By Tricitynews
Reporter
Chandigarh 09th
May:- Future Generali India Insurance Company
Limited (FGII) said
it has insured Baahubali 2: The Conclusion for an amount of over Rs 200 crores
under its film package insurance product, Future Cine Suraksha. FGII is a general insurance company that is
a joint venture between Future Group - the game changers in retail trade in
India and Generali – a 186 years old global insurance group.
Baahubali 2: The Conclusion is an Indian
epic historical fiction film directed by S. S. Rajamouli and produced by Shobu
Yarlagadda and Prasad Devineni. It is the continuation of Baahubali: The
Beginning. The film series is touted to be the most expensive in India till
date.
FGII covers the risks related to
the film during the pre- production to post-production stage. It insures the
film against unforeseen incidents like death, illness of an actor or occurrence
of natural calamities or accidental damage leading to delays in the film
schedule. It also includes coverage against accidents that damage equipment
while shooting is in process. Additionally, it covers insurance against its legal
liability to pay damages for third party civil claims arising out of bodily
injury or property damage caused in the course of the event by an accident in
the premises where it is held and during the policy period.
K.G.
Krishnamoorthy Rao, MD and CEO, Future Generali India Insurance Company Limited commented that the film industry
in India is increasingly opting for insurance cover. In FY 17, we have issued
160 film insurance policies, mostly in Bollywood. We would now like to focus on
Southern market as well since we are confident of catering to the unique
requirements of the film industry.
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