The frequent delays caused by COVID-19 ballooned the budget to $291 million, making it the most expensive Mission: Impossible film (surpassing Fallout, $178 million), the most expensive film of
Tom Cruise's career (again surpassing Fallout), and the most expensive film ever produced by Paramount (surpassing
Transformers: The Last Knight (2017), $217 million). The insurance company Chubb originally gave Paramount only £4.4 million (about $5.4 million) for the delays, arguing that the cast and crew could still fulfill their duties to the production despite being infected with COVID-19. Paramount sued Chubb in 2021, and the two companies settled in 2022. In 2023, Chubb gave Paramount a £57 million (about $71 million) payout for the COVID-caused delays, reducing the film's budget to about $220 million, which still makes it the most expensive film for Cruise, Paramount, and the franchise.
