Film Completion Bonds

Why get a film completion bond with iTOO?

At iTOO our team is made up of professionals from the film industry, which means you can access not just technical knowledge, but an in-depth and first-hand understanding of how the film industry works.

Our experts are up to date with the latest developments across the board and have valuable insights and advice to offer. No detail is ever missed, as we act as both the Bond Company and the Underwriter.

Our team is agile, which means quick decision making, localised premiums and easily accessible.

Our comprehensive offer

What's included?

If you have a vested interest in a film, you need cover with an insurer who plays a leading role in the industry. As your behind-the-scenes expert, with iTOO’s Film Completion Bond, you’re assured of:

Film completion bonds

Protects investors, banks or film distributors with a financial interest in a film.
Acts as a contract that guarantees a film TV production will be produced, completed and delivered according to an agreed deadline and without further funding requests.

Customised solutions

A customised bond fee that depends on the production, budget & team experience
As a guide, our bonds cover around 2%-2,5% of the total film value

Producers

The Producers completing and delivering the film in accordance with the screenplay, budget and schedule which you as a financier have approved.

Guarantors

The Guarantor completing and delivering the film in accordance with the script and schedule.
The guarantor fully repaying all sums invested in the film by the bank or financiers, should the production be abandoned.

200+ Films Bonded

Clever insurance for clever people

Service that puts you in the director’s chair, every step of the way.

Film Completion Bonds experts

Our team of passionate, dynamic, and talented individuals.

Paul Raleigh

Business Unit Head: Film Completion

Gail Radnitz

Production Executive

Frequently asked questions

How much is a bond?

Our solutions are customised so there is not a one size fits all bond fee. It depends on the complexity of the production, the budget itself, the contingency, the experience of the team and the amount of special effects, amongst other factors. As a guide, you can work on 2%-2, 5%.

Which parties require that I have a Completion Bond in place?

Investors, so that the risk of running over budget is eliminated.
Banks, who require predictable cash flow, tax rebates and pre-sales.
Sales agents who spend money publicising films at festivals and markets whilst films are in production.
Broadcasters and distributors who make advance payments during the course of a production.

Anyone who provides cash, goods or services prior to the completion and delivery of the film is at risk. In our experience, co-productions between two or more countries / companies would always require a Completion Guarantee to be attached to their project.

Still have questions?

Can’t find the answer you’re looking for? Chat to our team.

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iTOO Insights

iTOO Scoops Underwriting Manager Of The Year at the FIA Intermediary Experience Awards!!!

20 August 2024 • Sizakele Themba

Film Completion Bonds

Why get a film completion bond with iTOO?