Similar to Key Person life insurance for business planning, Essential Element coverage helps provide 1st party property coverage in the event a ‘key’ person is no longer able to provide the services once agreed upon. Essential Element based Cast Insurance will (if the terms are spelled out correctly in the policy) allow the insured to completely halt and terminate the production in its entirety in the event the ‘key person’ or ‘essential person/element’ becomes incapacitated. Film financing can at times be contingent on a key person or actress/actor, in those times insurance such as Essential Element Cast Coverage would be suggested.