21st April 2010
Event Cancellation Insurance Can Cover 100% Of Your Costs
You can take the worry out of planning ahead in an uncertain world with event cancellation insurance services.
You can take the worry out of planning ahead in an uncertain world
with event cancellation insurance services. They will be there to help,
when things just don’t go as planned. As an experienced event
organiser, you know to expect the unexpected and the things that are
beyond your control means you have to cancel or abandon your event. And
you can’t always rely on your business insurance to cover you if
something goes wrong. If your event is cancelled for reasons beyond
your control, then these companies will reimburse your irrecoverable
expenses, up to the limit you choose. They will also pay you up to 100%
of your irrecoverable costs, should the event has to be rearranged for
another day - some insurers limit this to a lower percentage of your
1. Whatever kind of event you’re planning, you can rely on event
cancellation insurance companies for truly insightful advice and cover
that is tailored to meet your specific requirements.
2. Whether it's an award function, a conference, a musical event,
fashion show, an exhibition or a product launch, these companies are
always there to help you. The cover mainly includes loss of, or damage
to, the venue's buildings, fixtures, fittings and machinery. Your
policy may also include power failure and any other eventuality like
late or non-arrival of items essential to the event such as AV
equipment, exhibit items and non-appearance of a large number of
participants. You can also get a cover for injuries from food poisoning
caused by food or drink served as hospitality by you.
3. When plans get disrupted, the last things you need to worry about
are living expenses and the cost of return transportation. These event
cancellation insurance companies can also help you, when flights are
delayed, luggage is lost, or connections are missed. They may even help
you with ticket sales. This may include cancellation prior to departure
- unused ticket charges associated with your trip that are not
refundable and which were incurred before your departure date.
4. By using these services, you can protect your investment, as bad
weather can ruin your corporate golf day or other special outdoor
event. Either the event has to be cancelled or abandoned or your
golfers get drenched and do not enjoy the day. This type of insurance
can be used to cover not just your costs and expenses but also the
profit your charity would have made had the golf day not been cancelled
5. This type of insurance can be also be a very helpful tool,
especially if you want to run a special prize competition to promote
your business. As many local businesses (particularly car dealers) like
to be associated with charity events you may well be able to find a
company willing to pay the premium for you by way of sponsorship.
Event cancellation insurance companies can help you make your event
into a joyous occasion. You can insure against cancellation,
abandonment, property damage and public liability, thus enabling you to
enjoy the celebrations without a worry.