Protection against the unlikely event that you lose or damage videotape master footage is
A) a completion bond
B) a loss bond
C) called negative insurance
D) called videotape loss insurance
E) too expensive these days: no producer buys it

Question

Quizplus · Accepted Answer

There is no specific insurance product called "videotape loss insurance" or "loss bond" in the insurance market. However, negative insurance can cover the cost of re-shooting or restoring lost or damaged footage. This type of insurance policy is typically purchased by producers to protect against unexpected events such as theft, fire, flood, or other unforeseen incidents. It can also cover the production delay due to these incidents. Therefore, option C is the best choice.

Protection Against the Unlikely Event That You Lose or Damage