EVENT CANCELLATION & NON-APPEARANCE
The staging of events can involve significant organisation and financial outlay, which will be wasted if the event has to be cancelled or abandoned.
Event cancellation insurance provides financial protection for:
- irrecoverable costs & expenses or lost revenue;
- additional costs and expenses
if an event has to be cancelled, abandoned, postponed, interrupted or relocated, for a reason beyond the control of the insured.
Coverage can be arranged for events of all types and sizes such as:
- Sporting events
- Conferences, exhibitions and trade shows
- Concerts where coverage is extended to include the non-appearance of the performer due to death, accident, illness or travel delay
- Theatre productions
- Award shows
Coverage is generally purchased by the event organiser, but can also be arranged for sponsors, broadcasters, venue owners and others with a financial interest in the events successful completion, such as suppliers, corporate hospitality providers and caterers. Coverage can be arranged for one-off events or all events taking place during a specific period.