5th July 2010
Most charity event insurance policies are ideal for protection
against cancellation, rescheduling or any mishaps occurring while making
arrangements for the event or during the actual event. With an
appropriate insurance in place, you will feel more relaxed, as an event
gone wrong might end up in a big financial damage.
If you are a charity, you will always need protection not just for your
assets but also for your helpers, staff and volunteers. As a trustee,
you are responsible to safeguard the property of a charity from direct
loss or damage and also from third party liabilities which would
otherwise need to be satisfied out of the property of the charity.
• Whatever your charity is, there are companies you can help get perfect
charity event insurance for all your requirements. This policy can be
designed to protect you from certain kinds of claims that occur as a
result of accidents taking place during the event. You can also extend
your insurance cover making it appropriate for you as an employer should
your staff make a claim.
• There are many different risks that should be taken into account when
organising a charity fundraising event. As an event organiser, you are
responsible for the safety of others but there are other risks to
consider as well like for example financial losses as a result of
cancellation of the event due to adverse weather, fire etc.
• As a charity event organiser, you should always take expert insurance
advice to ensure that all possible risks are covered by your charity
event insurance. There are companies who would offer perfect and cost
effective solution to meet your needs and protect your business or
organisation if it is held liable for property damage or bodily injury.
• Injuries to the visitors or to members of staff can occur especially
if there are hazardous activities involved in an event such as bungee
jumping or parachute jumps and for that, you must also have public
liability insurance. It will offer cover against claims by third parties
over injury and property damage.
• Insurance policies do vary so much and be really difficult to
understand at times, so its’ always a good idea to ask for an advice
before making any decision. It is also quite possible that the insurance
cover is included in the actual hire contract of buildings, grounds or
• The voluntary sector has diverse needs, so an insurance broker who
knows a lot about one aspect, won’t necessarily be good at others. So
always check out what similar organisations have they worked for, as
well as about the recommended brokers or insurance companies. Things
should never be taken for granted and should always be discussed with
and advisor first prior to the start of an event.
Your charity event insurance will cover you from losing profits if your
event should have to be cancelled due to various reasons that are not
under your control and will let you worry about other important aspects
of your events.