17th May 2010
If you are a business owner, most probably you have already had the
chance to appreciate the benefits of trade shows and exhibitions. Indeed, it is
beneficial to take part in a trade show, and it is even more beneficial to
arrange one: you can promote your company, establish new business contacts,
keep in touch with your partners and of course target a large audience to
spread the awareness about your organisation.
However, there are lots of underwater reefs in this process, and it
would be wise to get protected against them in advance. The most dangerous of
them is a lawsuit, of course. Insurance will come in handy when you have to
handle this situation, and insurance quotes will help to determine the coverage
you might possibly require.
You will be offered a list of question concerning different aspects of
your insurance. Typically if you throw a party, trade show, exhibition, dances,
festival, conference or any other event of that sort, you need public liability
insurance in case of the claims from your
visitors. Also, it is advisable to get employers liability insurance – in this
case you will be protected if any employee of yours makes a claim.
You will need property insurance, especially if you arrange your event
in a rented place. Usually organisations and councils will not allow any events
to take place in their buildings, grounds, lawns and yards unless you provide
property insurance for this event.
Insurance quotes will help you to calculate the minimal and maximal
amounts you might need in case you have to pay one's medical expenses or for
the damaged property. The list of questions you will have to answer will
contain the information about the type of business you are into, the type of
organisation you run, the number of guests you are planning to invite, the
number of employees you are going to engage in the course of the event, their
working experience and qualifications.
There will be questions about the place where the event is going to be
held, in particular whether it is yours or a rented place. If it is a trade
show, you will be asked about the number of participants and the nature of the
goods they are going to exhibit.
You can easily get insurance quotes online, but if you have difficulties
or doubts concerning any point, it is recommended to use the service of an
insurance agent. He or she will make sure that all the forms are properly
filled and all the documents are correct. As a rule, an insurance broker is not
attached to any company; instead he or she explores the whole variety of
insurance companies and chooses the best possible result for a client.
The cost of premium will differ depending on the size of the event and
various risk factors. There is no stable price for insurances, and different
companies will determine different costs. The most important is to understand
every single point of policies you are offered and to make a right choice – and
it is not necessarily the cheapest possible variant. Insurance quotes will
simplify this process a lot.