The number of records that is being created by Rajinikanth starrer Lingaa even before its release are growing day by day. The latest to join the list is the mammoth insurance cover that has been secured for the much awaited movie of the year.
The insurance cover is said to be well over 200 crores and is a record for any South Indian movie. It includes 100 crores for production and force majeure if there are any turmoils at the time of the release of the movie. Apart from this, the insurance also covers for loss of revenue in India as well as overseas as Superstar Rajinikanth films are popular in foreign shores as well.
Sumant Salian, head of Alliance Insurance Brokers for media and entertainment said, "Rajini sir's Lingaa has a higher production insurance cover than other films of south India. The film was also wrapped up in record time. They have covered loss of revenue overseas, since his films are very popular abroad."
The advantage of insuring a mega budget film is, the insurance agency will reimburse money to the production company if there are any unfortunate incidents like natural calamities, sudden illness to the main cast associated with the movie, injury to the actors while shooting etc.
The news has not come as a surprise to many considering the popularity of the film and the huge amount of dough riding on it. The insurance cover, alternatively could also be a precautionary measure citing the latest case that has been filed against Lingaa with yet another person named Sakthivel claiming that he had written the story of Lingaa initially tracing the life history of Pennyquick, the engineer who had constructed Mullaiperiyar dam before Indian independence.