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U.K. Extends COVID Insurance Scheme, Adds Coverage for Actors Over 70; Distributes $21 Million in Cinema Grants

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variety.com

Manori Ravindran International EditorThe U.K.’s insurance scheme for film and television has been extended until April.Known as the Film and TV Production Restart Scheme, the groundbreaking £500 million ($676 million) fund assures productions that they’ll receive financial support in case of COVID-related losses.

The program has so far accepted 100 qualifying productions.The initiative was first revealed over the summer, and began accepting applications in October.

While the deadline was initially set at Dec. 31, it was extended to Feb. 28 in October. A two-month extension through April is fitting given the ongoing COVID-19 crisis in the U.K., where an urgent Tier 4 level of restrictions was introduced over Christmas to combat spiking.

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