30th June 2010
Most liability event insurance policies offer cover against a legal
liability which the insured may incur to third parties. This type of
cover will also guard you against loss of or non-appearance of important
people such as celebrities, speakers, or entertainers. You can quite
easily get a cover for anything form outdoor functions to indoor
concerts, cancellation or abandonment of your event, property damage and
legal liability. As an organiser of an event, you are required by law
to protect the public and your employees, and if you don't have proper
liability insurance you would be breaking the law and could put your
business as well as your personal assets at risk.
• Most liability event insurance policies usually include employer's
liability, public and product liability and professional liability. As
an exhibitor at an exhibition you have a responsibility to protect the
general public or the member of staff on your stand. This cover is
available for any type of exhibition and size of stand and you can quite
easily get a product to suit all your needs. You can compare different
products and get a quote online and be covered instantly.
• Being insured for your big day will ensure that you can relax in the
knowledge that those major disasters will be covered at a reasonably low
• Your liability event insurance policy will cover your legal liability
to pay damages in the event of a third party causing bodily injury,
damage to their property or even death to a person as a result of your
business activities. There are many experienced insurance providers, who
offer insurance policies that are sourced from well-established
underwriters and insurers. They work closely with their clients to
develop risk management strategies including public safety, venue
management and emergency planning. They also offer risk workshops, plus
online training of management and volunteers for major events.
• This type of insurance is quite ideal for tradesman to defend
themselves against any allegations or wrong doings to a third party and
in the event that it is proved that it was due to their negligence. Your
insurance would then pay the damages awarded up to the level of the
cover the tradesman has chosen.
• With this type of cover, you will be protected from all the risk
associated with being an event organiser. You can also add cancellation
insurance to your policy to help you protect your financial outlay.
As an event organiser, you have to work out everything from start to
finish and also plan for the unexpected. In any event, whether big or
small, there are many areas where you can get exposed to risks. Well
planned and reliable liability event insurance will protect you from
anything from the weather to equipment damage to death, which could
result in a big financial loss. It is also one of the best ways to
protect your financial investment and will pay you for your loss of net
profit or your irrecoverable expenses, up to the limit that you choose.