4th May 2010
Your event liability insurance policy might provide coverage for
alcohol-related accidents. It protects organisers from the possible
costs liability claims as a result of accident or loss during your
event. This cover is designed to protect you from certain kinds of
claims that occur as a result of accidents taking place during the
event. If you want, separate insurance certificate depicting the
additional insured it can be issued by your insurance company. It is
quite important, however, to make sure that the per-occurrence and
aggregate limits needed by your venue is in line with your event
liability insurance policy.
• If accident occurs because of
intoxicated guest, you will get coverage on the basis of your event
liability insurance policy terms and conditions. It may allow you to
name your venue as additional insured and you do not need to pay any
extra money for this. You’ll have put a lot into staging a successful
event and it can cost a considerable amount of money too.
This type of insurance is available to individuals, committees and
event coordinators and may even include Village Fetes, Carnivals, Dog
Shows, Exhibitions, Sports Days, Car Boot Sales and Festivals.
In order to buy event liability insurance policy you first need to
select an insurance company. Once you have managed to do that, next you
will have to fill the application form. Sometimes, you even have to
attach documents like your passport and salary slip with the
application form. When your insurance company is sure that the details
you have provided are correct, you will receive an agreement paper from
the insurance company, which will include the terms and conditions of
the insurance policy. If you are happy with the terms and conditions of
insurance policy just sign the paper.
• Accidents do
happen, and this type of insurance plays a great role in protecting
you, especially when your guests get injured because of wet floor, you
are liable to pay him some money. This insurance offers protection for
the host / honoree for damage to the facility caused by a guest or
vendor, bodily injury to guests they are found liable for, and
alcohol-related accidents they are found liable for (if Host liquor
coverage is included on the policy). In general, this policy offers
coverage in the range of millions of pounds for third-party property
damage at the event site for which you are liable.
insurance may not be that easy to understand but it should not be that
difficult to buy, either. There are companies, who can give clear
information about covers relevant to your event organising business and
a simple quote form to help you buy the right cover. They will also
help you compare quotes from a range of trusted insurers.
event liability insurance can give you peace of mind while you
concentrate on event planning. It is a specialty insurance policy
designed to indemnify the host from certain types of claims arising
from accidents taking place during the event.