The Crimson Permanent Assurance

The Crimson Permanent Assurance is a 1983 swashbuckling comedy short film that plays as the beginning of the feature-length motion picture Monty Python's The Meaning of Life.

Having originally conceived the story as a 6-minute animated sequence in Monty Python's The Meaning of Life, intended for placement at the end of Part V,Terry Gilliam convinced the other members of Monty Python to allow him to produce and direct it as a live action piece instead. According to Gilliam, the film's rhythm, length, and style of cinematography made it a poor fit as a scene in the larger movie, so it was presented as a supplementary short ahead of the film.

It was a common practice in British cinemas to show an unrelated short feature before the main movie, a holdover from the older practice of showing a full-length "B" movie ahead of the main feature. By the mid-1970s the short features were of poorer quality, or simply banal travelogues. As a kind of protest, the Pythons had already produced one spoof travelogue narrated by John Cleese, Away from It All, which was shown before The Life of Brian in Britain.

The film includes actor Matt Frewer's debut performance.

The elderly British employees of the Permanent Assurance Company, a staid London firm which has recently been taken over by the Very Big Corporation of America, rebel against their much younger corporate masters when one of them is sacked. Having locked the surviving supervisors in the safe, and forced their boss to walk a makeshift plank out a window, they commandeer their Edwardian office building, which suddenly weighs anchor, uses its scaffolding and tarpaulins as sails, and is turned into a pirate ship. The stone office building starts to move as if it were a ship. Sailing through the City of London, they then proceed to attack The Very Big Corporation of America's skyscraper, using, among other things, wooden filing cabinets which have been transformed into carronades and swords fashioned from the blades of a ceiling fan. On ropes, they swing into the board room and engage the executives of VBCA in hand-to-hand combat, vanquishing them.