Posted on 12/31/2016 2:41:03 PM PST by SMGFan
When talking about a franchise that’s generating billions of dollars for Disney, describing a $50 million payout as a windfall is an overstatement, (and slightly offensive).
Rick Peck: They're going to kill him!
Les Grossman: And we'll weep for him... in the press, set up a scholarship in his name. Eventually - and I'm talkin' way, way down the road - we file an insurance claim.
Studio Executive Rob Slolom: Preferably before the end of the fiscal year. Actually, the claim alone would net us more than the movie would lose.
I love that movie SOOOO MUCH!
* It is called "Key Man" Insurance.
* You have to have "Insurable Interest" (aka an incredible CEO or inventor etc within an organization ) to take out a policy.
* So it is insurance to find a replacement this valuable human asset.
* In Carrie's case, she was an irreplaceable part of the Star Wars Franchise.
* Sounds like a strong case for insurable interest for Disney to me.
* Attached to these expensive policies are usually annual checkups, and more than the fog the mirror types, one gent I know in his 30's/40's in the late 80's had to even do the treadmill, and their was no family history of heart disease.
Yep. When they are worth more dead than alive strange things can happen.
Robert DeNiro personally paid for John Cazale’s “Key Man” insurance, so he could be in “The Deer Hunter” while Cazale was dying of cancer.
Any bets on whether the insurance company claims that Disney left off some material fact on the policy and tries to void it or negotiate a smaller payout?
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Don’t know ,, but that kid that got eaten by the gator this year cost Disneys insurers $50M ... $35M from their primary and the rest from re-insurers...
Interesting. However actors just get the cgi treatment.
Who at Disney told her to lose weight for the Star Wars movie?
I bet she took diet pills to lose the weight. Disney gets $50 million for that decision.
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