Special Events Insurance Can Cover All Of Your Expenses

22nd June 2010

The special events insurance package is designed to protect you

against any financial loss you might suffer if the event you're

organising is cancelled or should a mishap or even a catastrophe occur.

In today's contentious society, many event organisers are always in

danger of facing the potential liability suits from contractors,

spectators or customers. Even if it’s not their fault, the cost of

defense can be devastating. This insurance policy is specifically suited

for the complexities and problems that may arise in running an event

and can give you a complete peace of mind while you concentrate on event

planning. In this day and age, when everyone seems in a rush, accidents

can happen anywhere, anytime, and this cover is a simple, reliable and

affordable solution to protect your business or organisation if it is

held liable for property damage or bodily harm.

• A special events insurance policy covers all the expenses incurred as a

result of cancellation of events or if the equipment that you have

bought or hired is stolen, lost or damaged. This type of policy is

especially designed for church groups, charities, not-for-profit

organisations and voluntary groups, who would like to plan and organise

indoor or outdoor events. This cover is limited to claims that occur

during the effective period of the policy and are made not later than

twelve months after the expiration of the effective period of the

policy.

• You can get cover for activities such as , bazaars, barbecues, car

boot sales, concerts, conferences, craft exhibitions, dances, garden

parties, shows, celebrations,  fetes, exhibitions, fund-raising events

(this might exclude any hazardous activities), joint church activities

or jumble sales, seminars, sponsored walks etc

• If you are organising multiple events throughout the year whether you

are a professional organiser or not, a special events insurance policy

will be an ideal solution for you. This will be quite cost effective for

you and you can benefit a lot from the reduced pricing on multiple

events.

• You can get optional forms of cover, such as property cover or

cancellation cover depending upon your requirements. As an organiser,

you need to consider the operating costs against the premiums required

as well as the costs of the claim that could be devastating if adequate

insurance has not been purchased. Always,  be certain that the

per-occurrence and aggregate limits needed by your venue is in line with

your insurance policy.

• You can always get a separate insurance certificate depicting the

additional insured by your insurance company, if you need one. Premium

costs are usually based on the type of the event, the anticipated number

of guests or participants, as well as the number of days. Most

companies offer considerably lower premiums on these policies than any

other similar policy you could buy as an individual on the open market.

A special events insurance cover may also protect you from certain kinds

of claims that occur as a result of mishaps taking place during the

event.