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Mission Impossible 7’s production house Paramount Pictures sues insurer for refusing to cover shutdown losses : Bollywood News – Bollywood Hungama

Mission Impossible 7’s production house Paramount Pictures sues insurer for refusing to cover shutdown losses : Bollywood News - Bollywood Hungama

Hollywood superstar Tom Cruise starrer Mission Impossible 7’s production company Paramount Pictures has sued its insurer on Monday, August 30, for refusing to cover the losses that occurred due to pandemic related shooting shutdowns of the film.

According to Variety, the studio’s insurer, Chubb, has announced to pay only $1 million for COVID-19 losses under its “civil authority” policy whereas Paramount Pictures had a “cast insurance” policy for the production, with a $100 million coverage limit. Such insurance is intended to cover losses that result when a film’s key personnel such as star Tom Cruise or director Christopher McQuarrie is unavailable due to sickness, death or kidnapping.

Production has been delayed seven times between February 2020 and June 2021, at least six of which were the result of the pandemic and the studio claims that the shutdowns were only meant to protect the cast from getting sick, triggering the provision of the policy. To which, Chubb has…

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